Hello everyone.
Here is my analysis on BTCUSD.
BTC is currently bearish on a short term basis.
BTC has been trading below the major ascending trend support line - this line has currently turned to a resistant line.
Volume is relatively low now compared to before.
BTC is now trading in a new broadening wedge, a retest at $28k is imminent if this wedge is broken to the downside.
Trade safe!.
SixtusGlobal
Here is my analysis on BTCUSD.
BTC is currently bearish on a short term basis.
BTC has been trading below the major ascending trend support line - this line has currently turned to a resistant line.
Volume is relatively low now compared to before.
BTC is now trading in a new broadening wedge, a retest at $28k is imminent if this wedge is broken to the downside.
Trade safe!.
SixtusGlobal