Nova_Sniper

BTC to have some consolidates and divergence

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi there, BTC shall continue to have some consolidates, test and retest within the range 45-50k zone since the lower stock RSI and volumes in the beginning of the new year. BTC is expected to have bounce back to 50x zone (and may not strongly) after a back test near the 45x zone as broken stock RSI and volume to slowly come in, this is within the range as volume weighted average price ( VWAP ) of 45,5-49,9k in my chart.

So, in the long term, BTC is in its rising structure and trading strategy is to buy small cap and potential alts and L1, future trading is not recommended to wait for a divergence confirmation ahead.

Thats for today, trade well.

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