dRends35

BITCOIN - Will Probably Bounce Soon 🧐

Long
dRends35 Updated   
INDEX:BTCUSD   Bitcoin
Yesterday BTC saw a typical flash dump, probing deep down through the low of the coloured trading range; tapping the liquidity and printing a SRP shakeout reversal pattern to bounce back up - trapping shorts, stopping out longs.

And now today it is printing a fairly tight bullish descending channel.

Bullish RSI divergence coming in.

Probably a bounce coming to restore parity in this potential consolidation.

...

Bitcoin Dominance starting to show signs of weakness after a long rally.


Could be an ALT rally in the pipeline 😼!

Comment:
Here comes that bounce ❕


I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐

Part 1 of weekend video 25/5 now uploaded to the group😼.

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Contact: t.me/dRends35
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