Higher low set. Would ideally like to see a close and hold above 7300 for continued bullish momentum. If this starts to top out printing a LH, expecting a bounce around the 7100 - 7130 area.pic.twitter.com/pgUIg5Dy78
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Higher low set. Would ideally like to see a close and hold above 7300 for continued bullish momentum. If this starts to top out printing a LH, expecting a bounce around the 7100 - 7130 area.pic.twitter.com/pgUIg5Dy78
$BTC Update
Bounced after setting the higher low.
Although a close like this would signal a short term retrace here.pic.twitter.com/TiBEzQOOdR
Do you not see the ascending wedge? Seems all the bias bulls dont comment on it.
Since there is no ascending triangle he must mean ascending wedge, right Hsaka? Or am I missing a triangle? Point about thigher low is significant if it holds. If not may be some trouble from rising wedge. If higher low holds break of rising wedge may be a bull wick.
I do see bearish divergence on the 4h and smaller timeframes.. bulls losing power? Not a given that we will go lower but still..
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