Alright wolves, BTC
looking quite strong overall and we have formed a bull flag
, however, short term we can see RSI
divergence on the 30m chart, and tightening Bollinger Bands
indicating a small drop
pending. We will most likely break down from this bull flag
and touch the current trend line
(yellow) once more, if we bounce off it we will make our way up to 8400, if we fall through that trend line
we could fall back to the long term wedge
resistance turned support.
Monitor closely any sudden drop
will see alts flash dump.