to be honest btc look ugly , when 3k7-3k5 was a support we can see the bulls fighting by the price movement and candels forms. but in the next pattern when the old support became a resistance we can see the bounces getting weaker and bulls has gave up there fight quicker then i thought .
#btcusdt update : remaining bearish but trading is like a chess game you should consider all the scenarios and prepare your moves . 20%bullish 80% bearish
next support is the best bouncing zone waiting for that zone to be my long position until next resistance to sell always be carefull and wait for confirmration
btc has made the surprise today but even so i remain carefully short term bearish 4h chart 1-spinning bearish top signaling a trend change 2-rsi bearish and waiting for the 35 rsi retest 3-keltner channel oversold breakout
a symmetrical triangle was forming the last few couple days and If a symmetrical triangle forms after a downtrend, this is considered bearish. i consider rsi bearish too cause last time we tested this zone a big downtrend comes . but the last few hours btc is trying to break the resistance so basicly we still waiting for key movement and my idea is to wait and...
