Bitcoin seems to be according to the following technical reasons:
- First, Its is forming a formation.
- Second, It is clear that there is a divergence on the indicator.
-Third, it is in downtrend and most probably the bears still will try to push the price down.
Therefore, we recommend to open short if does a candle formation in h4, in case of a bull trap at the 6800 resistance or if it breaks out the .
Please guys, be careful with your money use stops do a good risk management. If you need a piece of advice about risk management and you are welcome to follow us on our profile and social medias.
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