Swing trade for btc retracement
ST: 9200
TP: 6200
btc is struggling to keep moving forward, we can cleary see that by the weekly indecision candle formation and and now price is getting a little traction to retrace towards the fibo level's and the 1st support at 6200 looks achiaveble.
Furthermore, a few trend indicators such as the RSI and the Stoch-Rsi are both overbought which could be giving sell signal.
- this is not financial advice, just my thoughts on it.
good luck on your trading and always keep studing,
thanks a lot for the support and thumbs up =D
========\\===========\\====================
"if my analysis helps you any way, shape, or form,
please, any small donation is highly appreciated.
kindly thank you for the support and good luck "
btc: 3HYVZQyoXZaeAjwRDKhNLjBTdGR5ezKM5h
eth: 0xd91d29dd45d86a55305d85663589a62ad7cc1cf4
litecoin: LbPDEHdFWLThxvRNtseexPNpEbfF6E4Lhp
ada: DdzFFzCqrhssPP5KozkeNEiVL6XyHZAt5hsNSJv5hRy3fFE1HoYCN73TeCEHqL1FwdZUdt2dMGqBD7ue4Yxnx21m6AUZCtYvBEA9rCWz
dogecoin: DTqKhWirwmDJ7P2azLHjQFSWZ1hk296sze
monero: 8Boo4jUAEZX6p1e8PixDGiULYu9ewqVk1hNBTKvnXQxBhG5afsKV774SZ8dnWnZtNi166pnL1fyfsVsUMTo8678THz92wn2
dash: XgLqsyzgXAiU1vv6wPLiYxQaHDtQ45YXMy
digibyte: DFjF4MSzH1EJ6owxfg1dLeS5sSrknhJqSb
ST: 9200
TP: 6200
btc is struggling to keep moving forward, we can cleary see that by the weekly indecision candle formation and and now price is getting a little traction to retrace towards the fibo level's and the 1st support at 6200 looks achiaveble.
Furthermore, a few trend indicators such as the RSI and the Stoch-Rsi are both overbought which could be giving sell signal.
- this is not financial advice, just my thoughts on it.
good luck on your trading and always keep studing,
thanks a lot for the support and thumbs up =D
========\\===========\\====================
"if my analysis helps you any way, shape, or form,
please, any small donation is highly appreciated.
kindly thank you for the support and good luck "
btc: 3HYVZQyoXZaeAjwRDKhNLjBTdGR5ezKM5h
eth: 0xd91d29dd45d86a55305d85663589a62ad7cc1cf4
litecoin: LbPDEHdFWLThxvRNtseexPNpEbfF6E4Lhp
ada: DdzFFzCqrhssPP5KozkeNEiVL6XyHZAt5hsNSJv5hRy3fFE1HoYCN73TeCEHqL1FwdZUdt2dMGqBD7ue4Yxnx21m6AUZCtYvBEA9rCWz
dogecoin: DTqKhWirwmDJ7P2azLHjQFSWZ1hk296sze
monero: 8Boo4jUAEZX6p1e8PixDGiULYu9ewqVk1hNBTKvnXQxBhG5afsKV774SZ8dnWnZtNi166pnL1fyfsVsUMTo8678THz92wn2
dash: XgLqsyzgXAiU1vv6wPLiYxQaHDtQ45YXMy
digibyte: DFjF4MSzH1EJ6owxfg1dLeS5sSrknhJqSb
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.
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.