It's been a long time since I published a BTC chart. For my french followers, there is a french video in 2 part on TradingView (which has been working well since 1 year). If you are not french you can just look at the graph on the video to see the idea (the top around 13800$, etc.) For the others, here is a new chart :
About FUTURES's GAP :
There is a GAP between 3564$ and 3595$ which has not been filled, you can see it on the 4h chart. This is the first time since the history on BTC that a GAP is not filled.
SPOILER ALERT : I think we are going to fill it.
Trend : After an over-extension (4.618fib) of the C ( ABC correction), the price broke the parabolic structure in July. After this price consolidated in a range and is now bear-trending.
Pattern : A clear is forming, ready to breakdown (however, is not confirming it).
- : highly with a death cross (55/200).
- : Switched some days ago.
- : The strong divergence has been activated and is now in zone, waiting for oversold conditions.
- : in zone.
Please let me know in the comment section what you think about this chart and what is your point of view about BTC price evolution !
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DISCLAIMER : I'm not financial advisor. You trade at your own risk. I can't be responsible for your loss. Short BTC is always risky.
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