BTCUSD could very likely be making a flag on the H4 right now. I think it will go sideways now for a bit. Before a potentially move up to around 7700-7800.
This is where it will meet a big trendline. When it hits, we have to see what pattern it will make. I’m affraid that we haven’t seen the bottom yet. But if it break the major trendline the we can potentially go to 9250. Otherwise we will have to retest the bottom.
If the MACD will follow the purple line we are going down.
This is where it will meet a big trendline. When it hits, we have to see what pattern it will make. I’m affraid that we haven’t seen the bottom yet. But if it break the major trendline the we can potentially go to 9250. Otherwise we will have to retest the bottom.
If the MACD will follow the purple line we are going down.