Hello everyone, I´m here with just quick update for a BTC/USD pairing and I think we can expect some side action in upcoming days. Which means altcoins might see some further pushing as a BTC.D is melting down right now.
As long as poeple will try to short BTC and shorts futures will continue to rise we can possibly see Bitcoin pushing higher and higher.
Actually we can see bearish divergences across many indicators on the current technical analysis which might trigger the correction.
Keep tracking BTC.D as it is in the very important zone and we are waiting for a confirmation
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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So far it looks like it is going as expected
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Reaching target of H&S. Might see a little bounce before further down here. (White line is the trajectory I expect)
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So far playing as expected and it looks like bigger H&S might be formin