Hello traders, DOCK / Bitcoin is in a descending triangle in fake bearish momentum with reduced sell volume and volatility. The RSI is in the zone of under sale and an imbalance on the MACD and it seems to be doing a cross with a bearish signal. But this one will not last long we can see a wick on point E with the support area to act as a blocking. Last dip in the support zone for a return of smart money with an adjustment of short term positions for a new price dynamic exerted.
Possibility of the price blocking on the predefined exit resistance zone in order to have a better optimization at this level and to be less exposed. High propability in our favor ferras office resistance is to mitigate our risk and the rest will play out in future market sentiment.
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Possibility of the price blocking on the predefined exit resistance zone in order to have a better optimization at this level and to be less exposed. High propability in our favor ferras office resistance is to mitigate our risk and the rest will play out in future market sentiment.
Please LIKE & FOLLOW, thank you!