BTC/USD "IF" Bulls keep marching upward.
from my tradingview
BTC/USD seemingly defying gravity as they didnt budge for an imminent alert for correction from most indicator in order to further of trend .
Review of my indicators mostly telling me for a slight change of the trend for a short term might happen in near future with a slight divergence between volume and rsi if you look in the recent price action. but who know crypto may be act.. lol...
after recent upward price momentum from 5k yesterday after sideway about 3 days.. it's now clear that around 5k is a support for a shortterm if the price could test a previous high or might be even testing 6k directly.
meanwhile, in further movement might still within Rising Wedge area which is could be a bearish pattern and possible downtrend if the movement cant be sustained.. *see a white line
With Elliot wave assuming the movement might be like if the bull keep move upward with no correction,
please let me know if there's something wrong in my idea as i'm still learning about TA and also share what your thought about btc/usd chart/idea..
peace...
nice TA
thank you for the kind word.. appreciated
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ok thanks for your reply