A big dump might happening very soon!
Btc looks to be dropping down a rising wedge..
We see an bearish divergence on the 4h
CME gal might want to be filled
And bulls don’t look to be sub stainable..
Targets 8700-8500
8700 could be a safe target for the CME fills
More safe to long 8500.. above old resistance should act as new support..
Also the 0.618fib should be located here with the bottom and top lvls..
Leave a like and follow me, comments are always welcome as well! If you want to try trading on bitmex use my link for extra fees!
www.bitmex.com/register/Ci1A3v
Btc looks to be dropping down a rising wedge..
We see an bearish divergence on the 4h
CME gal might want to be filled
And bulls don’t look to be sub stainable..
Targets 8700-8500
8700 could be a safe target for the CME fills
More safe to long 8500.. above old resistance should act as new support..
Also the 0.618fib should be located here with the bottom and top lvls..
Leave a like and follow me, comments are always welcome as well! If you want to try trading on bitmex use my link for extra fees!
www.bitmex.com/register/Ci1A3v
