Well my last chart was a bust from the word go as we dumped seconds after I published it, just my luck lol. Anyways, bitcoin has printed hourly divergence which is not as nice as 4 hour which is not as nice as daily...hourly divergence is honestly pretty darn weak BUT i think it could be giving us a early warning sign that we are due for a pump. We have reached the .5 fib, .618 would have been perfect but I will take .5, and are in the yearly supply zone. Even if long term bitcoin is going to dump, which I think is the case, I don't think we dump right through right now. I think the algos are about to pump it and squeeze every last drop out of this traingle.
Red Boar
Red Boar
It has to pump soon, if it fall straight through this wedge I think we are in big trouble. Bulls in need of a breather....binance to go down for 8 hours soon...what will happen?