bitcoin making broadening top pattern

Apr 28, 2023

Hy fellow traders
greetings from team trading the tides.
lets discuss bitcoin which is inside a broadening top pattern , if it breaks the pattern top it can reach up to the value of 32k
but right now on 1 day tf as the spx and dow gives a good rally but the btc price has no effect considering the different market situations , i am waiting for the upcoming major news and my second thought is to wait till it reaches the resistance line so we can think about initiating short .

in addition the rsi is almost touching overbought area and if btc price touches the resistance then rsi would be totally oversold other than rsi i am also lookin for divergences or something to initiate short .

thanks a lot .

Apr 28, 2023

Trade active

if btc reaches 32k area which is also the resistance area of the broadening wedge then rsi would be touch completely overbought regions !

Apr 30, 2023

Note

the idea is still intact , shorts are already running