Margin_Hero

BTC Short Correction Before Log Trend Line Test

BITMEX:XBTUSD.P   Bitcoin
I believe we will see a short correction before we see the next wave up to test the log trend lend and Kijun (Daily) resistance area. Both the 1 and 4 hour charts are starting to show bear divergence. I took some profit and will be looking at buying in again once the RSI reset for the next wave up. I will then possibly look at opening a short once the trend line/Kijun is reached.

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