Bullish Divergence making BTC/USD ready to PUMP!

14 thg 7, 2022

A lot of downward pressure over the past couple of months. BTC looks like it might be setting up to break out to the upside for a short run. The trend is still bearish, but short term we could see a bullish breakout.

21 thg 7, 2022

Ghi chú

We saw the original setup breakout, successfully backtest, and move up yesterday. With the news of TSLA selling off 75% of their position to increase cash holdings, we fell back into the original pattern. Currently appears to be attempting a test of that horizontal resistance again. We will see if it can break.