Weekly and Monthly charts are pretty overbought, we are sitting on 90 on the weekly RSI.
Rejection off 50k Psychological level.
Rising Wedge in a bull market is typically a corrective pattern if we break below lower resistance.
Unless Elon tweets something about BTC, I think we head down for a small correction, before heading higher.
Short term bearish structure, but longer term still bullish.
*NOT FINANCIAL ADVICE*
Rejection off 50k Psychological level.
Rising Wedge in a bull market is typically a corrective pattern if we break below lower resistance.
Unless Elon tweets something about BTC, I think we head down for a small correction, before heading higher.
Short term bearish structure, but longer term still bullish.
*NOT FINANCIAL ADVICE*
Nota
Seems I was a little early with this idea!
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
t.me/AndyDTrades
x.com/AndyDTrades
*Trade At Your Own Risk*
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.