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THE DOCTOR CRYPTOHUB
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Did the wick get too big? ๐
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THE DOCTOR CRYPTOHUB
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BTC/USDT is trading while forming a bearish divergence. ๐
We are expecting a small wick on the bearish divergence.๐
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC/USDT formed a bull flag breakout but failed to hold after a retest, resulting in the market falling as expected.
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You might have noticed that currently, no admin is sharing any clear Bitcoin chart updates. But why? Because when the market is volatile, it doesnโt respond well to technical analysis. As a result, those admins are afraid to share Bitcoin chart updates for fear of ruining their reputation. However, I always try my best to stand by you in any market situation and keep you informed with possible market updates. The market is highly volatile right now and is not responding well to shorter timeframes. Therefore, I request you to always use a stop-loss if you open any positions based on my updates
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BTC has successfully closed couple of 45m candle below 86500$. Now the market may create a wick below its ATH, and then expect it to face rejection from there again.
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BTC/USDT Update in 45m timeframe ; BTC is currently not responding technically in the shorter timeframe. The market had created bearish divergence at 77k and 83k levels, but instead of responding to it, the market is continuously pumping as expected. Currently, BTC is trading within a bearish rising wedge. If the market can close a healthy candle below 86k, we might see a correction towards 82k. On the other hand, if it breaks out above $90,200, it is likely to move towards 93k.
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The market is pushing a bit hard to reach around 92k!๐ฑ
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