BITCOIN : WHATS GOING ON?! LETS SEE!
Recently, BTCUSDSHORTS set a new record, new highs. And from high 16.5% (~7150 BTCs fixed) has already lost and because of this - price growth.
BTCUSDLONGS stays wickness
Good picture by BTC will be in cause closed enormous quantity of short positions and increase of long positions.
Technical
Chart patterns - bearish : breakout the triangle , accumulation zone for the future impulse move downward(likely)!
Volumes - descrise with growing movement (bearish).
RSI - bullish : divergance and higher than 40.
MAs- bearish.
From now to the nearest target ~ -13%.
BTCUSD think can reach 3900$ by Bitfinex - test the ex-support line and resistance. After it's going to visit target zone ~3000$.
BTCUSDLONGS stays wickness
Good picture by BTC will be in cause closed enormous quantity of short positions and increase of long positions.
Technical
Chart patterns - bearish : breakout the triangle , accumulation zone for the future impulse move downward(likely)!
Volumes - descrise with growing movement (bearish).
RSI - bullish : divergance and higher than 40.
MAs- bearish.
From now to the nearest target ~ -13%.
BTCUSD think can reach 3900$ by Bitfinex - test the ex-support line and resistance. After it's going to visit target zone ~3000$.
Trade active
Note
Note
Note
Interesting work
Trade active
near the support lineTrade active
Trade active
test ex=sopport line
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.