risingstar90

Momentum is slowing down but does it matter for a breakout? BTC

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Don't forget that bitcoin was reached ATH with very little volume even than recent volume. Volume is slowing down but it doesn't matter for breakout. According to 4h chart, we passed the ichimoku resistance cloud and we are in a little uptrend channel. 12h StochRsi shows it can't go more down by 50 StochRsi because in the former bear market, 12h StochRsi couldn't go down by 50. MAybe i can name it as Stochastic fractal :). But we couldn't go down through major uptrend line. I don't think that coming weeks are bearish. Breakout can happen anytime.

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