BTC quick update - drawn in the bullish falling wedge (note when I draw trends I sometimes cut the outliers) Also added the dotted line to the pitchfork which captures the wicks which are falling below the 61.8% fib of the large pitchfork. Wedge potentially takes us to 9k before breakout, but overall the red candles outweighing the green are making me nervous!
The 4 hour has both bullish divergence (from 23rd) and bullish hidden divergence (from 12th) on the RSI but that doesn't mean the price won't fall further before resuming upward.
The 4 hour has both bullish divergence (from 23rd) and bullish hidden divergence (from 12th) on the RSI but that doesn't mean the price won't fall further before resuming upward.
Come say hi @elisa_crypto on twitter!
