As, we see BTC/USDT has been consolidating from last 14 days, so 1) If BTC/USDT breaks green trendline than it would be good to short on retest, and it is also forming a flag pattern (which is a continuation pattern) so we might see big correction with minimum 10% of move downside 2) But if bulls manage to break out of this kind of side-wise trend than it will...
I love traders who accept and know that anything can happen and then strategise. I am just enjoying the roller coaster and swinging with price actions.
Bitcoin is bullish on weekly when you look at the MAs and EMAs And short-time price actions lead to the new psychological price standards.
Here we can see golden cross of MA 50 and MA 200 and there is a trending line support in yellow. If price closed above yellow line then BTC price will go up because Golden Cross Factor.
After long time bearish here iam seeing bullish harmonic partten took entery for your long position at 0.886 level.. Open your Bitmex Account for future trading :https://www.bitmex.com/register/G2MBZ2