BTC/USD
Bullish Case
- MACD/Signal and Histogram reversing (Daily)
- Possible Bullish Divergence (Daily)
Key Support: $16k, $15.6k
Bearish Case
- Still within the descending triangle
- Has not made a new higher high yet
- Hidden Bearish Divergence (30min,1hr and Daily)
Key Resistance: $16.6k, $17.3k
Thoughts? I'm leaning slightly more bearish.
Bullish Case
- MACD/Signal and Histogram reversing (Daily)
- Possible Bullish Divergence (Daily)
Key Support: $16k, $15.6k
Bearish Case
- Still within the descending triangle
- Has not made a new higher high yet
- Hidden Bearish Divergence (30min,1hr and Daily)
Key Resistance: $16.6k, $17.3k
Thoughts? I'm leaning slightly more bearish.