Category: Tether (USDT)

Time to Hedge BTC?

BTC is reaching the apex of a Rising Wedge (4H). Rising Wedges break downward 68% of the time. Bearish divergences in both MACD and RSI signal a correction. DMI is still shows price trending with +DI over -DI, so we have a mixed signal. My view is that BTC is around ATH and RSI in particular is good divergence indicator. Anything’s possible with BTC but to be …

This article was originally published on: The Tether Blog on