Hello Everybody,
Bitcoin is 36250 $ and as always there are 2 possible paths for Bitcoin.
Volume is very low in market and RSI shows us last 3 dip area on rsi indicator (shown as red) looks positive for price.
If price holds over green trendline and increase of volume will seen, might be trigger a new run for Bitcoin.
But;
if price break green trendline in (Daily and 4 Hr Timeframe) i will open short on pullbacks of trendline break area.
I believe there is %70 short and %30 long possibility depen on trendline performance....
Bitcoin is 36250 $ and as always there are 2 possible paths for Bitcoin.
Volume is very low in market and RSI shows us last 3 dip area on rsi indicator (shown as red) looks positive for price.
If price holds over green trendline and increase of volume will seen, might be trigger a new run for Bitcoin.
But;
if price break green trendline in (Daily and 4 Hr Timeframe) i will open short on pullbacks of trendline break area.
I believe there is %70 short and %30 long possibility depen on trendline performance....
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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.