Can sell short around 58,500 - 59,000 USDT
15-minute Trend
MA5 and MA10 are moving upward;
MA30 is moving downward and has crossed the MA5 and MA10;
Bollinger Bands are changed from opening to narrowing;
KDJ and RSI are both flat;
Day Trend
Maintaining a fluctuating trend;
MA5 is moving upward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are opening and moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 71:100, and the shorts are temporarily dominant;
The outflows of the top ten addresses are greater than the inflows;
Fear & Greed Index is at 32, indicating panic;
Analysis
The addresses hold 1 - 10,000 BTC have a large outflow, and the BTC price will test the bottom price again soon;
Maintain the strategy of selling short at high prices;
Can sell short around 58,500 - 59,000 USDT;
As long as the BTC price cannot stay above the 60,000 USDT mark, the bull trend is not clear.
MA5 and MA10 are moving upward;
MA30 is moving downward and has crossed the MA5 and MA10;
Bollinger Bands are changed from opening to narrowing;
KDJ and RSI are both flat;
Day Trend
Maintaining a fluctuating trend;
MA5 is moving upward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are opening and moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 71:100, and the shorts are temporarily dominant;
The outflows of the top ten addresses are greater than the inflows;
Fear & Greed Index is at 32, indicating panic;
Analysis
The addresses hold 1 - 10,000 BTC have a large outflow, and the BTC price will test the bottom price again soon;
Maintain the strategy of selling short at high prices;
Can sell short around 58,500 - 59,000 USDT;
As long as the BTC price cannot stay above the 60,000 USDT mark, the bull trend is not clear.
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.