Bitcoin is currently at diagonal resistance which acted as strong resistance since February
>For last three times - if daily closed red near this resistance line, price has dumped hard next few days after breaking LTF diagonal support
>Price is currently at this resistance line for fourth time and daily has closed red already
I am expecting similar dump this fourth time in next few days, and we can keep uptrend above this resistance line
>For last three times - if daily closed red near this resistance line, price has dumped hard next few days after breaking LTF diagonal support
>Price is currently at this resistance line for fourth time and daily has closed red already
I am expecting similar dump this fourth time in next few days, and we can keep uptrend above this resistance line
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TD9 daily also showing trend reversal
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Rising wedge with declining volume.
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These above 3 reasons put together points towards a big short