Hi there, Bitcoin chart showing some stability over the week, many people started to think that the market is recovering and it will be bullish in nearest future. Well I have doubts about it, so we calculating our probabilities to manage risks before taking trade decisions.
Look at chart now: it showing us Ascending Triangle, and price still developing inside it. So before breakout we can't take our long-term trade.
Look at Resistance lines they are Blue and formed with 2018 highs. Here we can see some short opportunities near it, approximately at 4400-4800-5200 levels (Fibonacci levels).
Indicator RSI now forming pattern similar to bear flag.
Previous important ideas:
Wyckoff logic:
Monthly Candlesticks:
Total market cap accumulation?!
Look at chart now: it showing us Ascending Triangle, and price still developing inside it. So before breakout we can't take our long-term trade.
Look at Resistance lines they are Blue and formed with 2018 highs. Here we can see some short opportunities near it, approximately at 4400-4800-5200 levels (Fibonacci levels).
Indicator RSI now forming pattern similar to bear flag.
Previous important ideas:
Wyckoff logic:
Monthly Candlesticks:
Total market cap accumulation?!
注释
DUMP?! Always check divergences: 
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📲 Join Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。