Alphabigmoneytrade

Alphabigmoneytrade

A lot of people got excited about the PA yesterday seemingly breaking out of the falling wedge structure to the upside. There was a lot of euphoric hysteria. However it was a false break, and there were were multiple bearish divergences forming on the 15/30/1 hour time frames that reflected it as such. Price has been rejected and I expect BTC to fall to 55k and...

Alphabigmoneytrade

This is my first publication so I am trying to have a little fun with it. As you can see we are in a downtrend. This downward channel is dominated by lower highs. Our volume is currently lower compared to when the price was previously in the 60,000s. I believe we will continue to come down further to potentially 52k. However a reversal in the mid 50s is not...