Bitcoin

Finishing local impulse and possible falling wedge

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- AO indicator shows no divergence yet, so we may expect one more impulse to complete a local 5 wave cycle.
- Stoch RSI showing overbought indicates a possible decline in demand.
- There´s an strong support at 6200 level, so we may expect bounce there.

So for short term i´m shorting and waiting to see what happen at 6200 level.
If bounce happens and volume keeps low at bounce level, then i´ll go long.
For falling wedge confirmation, we need to see an increase in volume.

Good Luck to all!

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