BTC ready for a pullback

2018년 5월 6일

BTC has traded strong throughout April. I expect that to continue in the longer-term.

For the moment watch for BTC to break lower following bearish divergence forming on the Daily and H4 charts as shown by the red arrows.

Price broke the longer term channel and is now threatening to test the short channel.

2018년 5월 11일

노트

Price broke the smaller channel and moved lower to support as we expected. Now watch BTC to rebound up as shown before retesting the support level.