Clear rising wedge on the BTC daily chart. Waiting for the formation of an evening star pattern to enter a short. ... My aim is for BTC to retest the support at the bottom of this wedge at around 6700-6800$.
depens on whale effect, we can increase any moment.
Luna-Man
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@Protixder, Yes you are completely right as there is a huge correlation between BTC and the conventional markets.
However, we are still in the midst of a global crisis due to COVID-19 and this bullish momentum of markets is synthetic. We shall wait and see how all this develops :)
Protixder
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bestfarbit74
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we may have some correction at this level but there is a strong support at 7200 that I don't think it breaks down more then we return to up trend till somewhere around 7600~ 8000 that is what I expect in short term