BitcoinPembelian
Maximum pain with an expanding ending diagonal
Bitcoin:
Hidden Bullish divergence on the 12H RSI, confluent with trendline support of a potential expanding diagonal triangle to complete wave 1 of a larger 5th/C at around 13k.
Expecting a SFP rejection from
13K and a short-term correction to follow with major support at 11.1k and confluence of major support between $10.2-10.3k where there is a strong weekly level and a 4H order block which I suspect will be tested. Should only be a wick to these levels with 10.5k holding on a higher TF close.
12H Hidden bullish divergence:
Hidden Bullish divergence on the 12H RSI, confluent with trendline support of a potential expanding diagonal triangle to complete wave 1 of a larger 5th/C at around 13k.
Expecting a SFP rejection from
13K and a short-term correction to follow with major support at 11.1k and confluence of major support between $10.2-10.3k where there is a strong weekly level and a 4H order block which I suspect will be tested. Should only be a wick to these levels with 10.5k holding on a higher TF close.12H Hidden bullish divergence:
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