Cryptolover333

A correction could be in the way

COINBASE:BTCUSD   Bitcoin
Bitcoin has been looking really good the last two Months but there is still some bearish divergence in the RSI and also a rising wedge there that is concerning me a bit, also the previous ascending parallel channel seems to be looking a bit like an ascending broadening wedge too, Bitcoin needs to break the RSI red line to the upside to avoid the worst, and it could happen also but I think a correction here could be in the way, anyway there are some support lines there also, the first one (Blue line) is at $21,543 the second one (Purple line is at $20,506 and the last one pass exactly at the strong support line at $18,383 this one could be for me the worst scenario here and I think if that happens Bitcoin could continue to rally up after, lets see if this plays out, and don't forget to put your stop losses guys, good luck!

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