jlugog

I continue analyzing

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello guys and girls, how are you

My mom died last month so that took me out of here for a while. I'll make a quick analysis about what is going on with BTC wich is the coin that rules the cryptoverse.

A few days ago, I drew an extended Bat pattern and it played very well, you can see it in red. Today's fundamentals (Russian news), influenced a bit in the stock market and BTC mimic as well the prices, that messed a little with my pattern but still playing well.

I don't see any divergences, but they will be there in short TF, Weekly TF is still not looking good, we are still below midpoint 50 on RSI and bears in control of the price

I'm gonna analyze soon between lower TF let say 1H to 1D and so on in case you want to do day trading or scalping

Stay tuned and trade safe


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