ekarasil

BTC short term ???

KUCOIN:BTCUSDT   Bitcoin / Tether
Hello everyone! I'm sharing it because it looks clearer on the 30-minute chart. While the RSI is making lower lows, BTC is making higher lows, so there are positive divergences (bullish divergence) and a triangle formation is present on the chart. Although this divergence is not very strong since it is at 30 min, there will be a target between 42-43 K on breakouts, the upper levels of the parallel channel on the chart and the 21-week EMA (42800). On the down break, I will follow the orange line which is broken after 3 weeks and the parallel channel.

Have a good one!

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