BTCUSD Still an Uptrend
Just look at the hourly and 4-hourly. We have been making higher highs and higher lows. Right now we are close to ending that pattern as the previous "higher low" is around 38300 USD and we are just above that, but as long as we stay above and continue making higher highs and higher lows, i don't see a dip bigger than we've already had. We are currently under the EMA ribbon on the 4-hourly but still well above on the daily.
Also notice how the volume has been decreasing during these past few days of red. I still expect a run back to 42k and then 45-47k before consolidation or another fair pullback.
Thoughts?
Also notice how the volume has been decreasing during these past few days of red. I still expect a run back to 42k and then 45-47k before consolidation or another fair pullback.
Thoughts?
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