Technical analysis by naphyse about Symbol BTC on 22 hour ago
https://sahmeto.com/message/3603881

naphyse
Rank: 27213
Analytical Power:
0.6

#bitcoin price has been moving in an ascending wedge for a few days. Although ascending wedges may end up bearish, there' s another chance for #btc price to break out this wedge and catch upper liquidities above 108K. But, also there' s a bearish divergence has been forming in this lower time frame chart of #btcusdt .Maker may ignore this divergence and allow bots to print another HH but it' s now wise to be careful and watch out. The reverse is acceptable for #usdt dominance chart. Breaking out 110K is the temporary invalidation of bull trap and above 120K is the complete invalidation.
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Signal Type: Neutral
Time Frame:
15 minutesPrice at Publish Time:
$107,064.8