Robertus

BTCUSDT. Falling Wedge. Will it Play Out?

Robertus 已更新   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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Hello traders,

What we see:

1. Falling Wedge with a potential bullish divergence (not yet confirmed).

2. RSI oversold.

3. Buying Volume picking up a bit. If it retraces we think it will be on falling buying volume, meaning it will just be a a kind of a weak retrace.

Panic shorting for the moment is not optimal, if it retraces then there will be good short entries.

For now we are super short term bearish (1-3 weeks more less) and long term bullish (next 1-3 months, more less)

Best of best and live to fight another day my friend.

Robertus.
評論:
Must hold the 56k area if not then it will likely hunt the 52k level.
評論:
評論:
Most recent idea

“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
Trader Since 2016. Industrial and Operations Engineering at U of Michigan, Ann Arbor. MBA IPADE. Master in Finance EGADE.
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