stephen0215

Bullish sign? Bull wasn't strong enough

Corto
BITFINEX:BTCUSD   Bitcoin
Well....Rsi divergence cause a big green candle that is really painful.
After btc reached 7000, trading volume has decreasing extremely which 100% means it wasn't bullish sign.
So here is a possible scenario:
we are sure that btc still in wave 2 and almost complete it.(If u still hodl, just hodl)
Wave 3 is coming anytime. Fasten your seat belts!!
And there is one thing you should know is that
Bull still manages to make a downtrend channel breakout. Personally I think it will happen after this zigzag correction completed.
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