It looks like there is a rising wedge forming on the 1 hour. MACD may be getting ready to cross over.
This is theoretically a bearish sign, but in the recent past, BTCUSDT exploded upward after the rising wedge, so beware.
My current sentiment is that a correctio is needed and we will turn downward.
This is theoretically a bearish sign, but in the recent past, BTCUSDT exploded upward after the rising wedge, so beware.
My current sentiment is that a correctio is needed and we will turn downward.
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.