Bitcoin Analysis short term
Bitcoin / TetherUS PERPETUAL CONTRACTBinance
Description
⋅ Hello Traders, this is my weekly analysis for btc from TA perspective :
- Btc was moving in impulse wave, with confirmation in swing ratio and volume.
- Is now showing volume divergence and momentum divergence, that indicate reversal soon.
- Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again.
- Will patiently wait for PA for long in that area.
- Won't short because the price still in strong bullish move, unless there's clear PA.
Cheers!