RSI index is all over the sell signal and BTC has been repeatedly sold out of the zone it is entering.
MACD is in the perfect condition for a short especially considering volume is not pushing BTC vertical.
I am looking for a higher spot as most dips under 40k are bought.
MACD is in the perfect condition for a short especially considering volume is not pushing BTC vertical.
I am looking for a higher spot as most dips under 40k are bought.
Note
bitcoin has tumbled to $35.2k since publishing this idea. If you took this play it may be safe to take profits.
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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.
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.