Hi everyone, I am learning TA and this is what i could read on the graphic. Give me your opinions because I still learning.
31/08 Bitcoin forming a descending triangle on a 4H chart Showing signs of a down trend on 1D, 1W charts
Daily - Low Volume - RSI, not enough strength to break 70 on 2 tries - DMI, ADX heading down to 25 and DI+ heading down to cross the DI-
Weakly - Evening Star - Decrease on Volume - DMI , ADX heading to under 25 - MACD, the ema are crossing above, but histogram looks wick - Ema 50 Support on 37-38
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