So i did chart this on my channel on telegram two days ago claiming that i was taking profit cause of this rising wedge and since that price has been dropping into that blue box just like this :
By jumping so fast into that area with a good volume sell, my attention has been dragged to the point that even if weekly macd its pointing up to the bullish cross :
I really think that this could be a bull trap to a new lower low.
But if it is not the way that market makers wont choose, btc price will break up this rising wedge doing a giantic green dildo and going parabolic to at least 7.5-8k.
The risk reward in this zone is enough shitty to make it a no-trade zone for me.
Got out of most alts since dominance keeps rising and seems to not be going down.
