BTC any chances for small recovery?
RSI divergence on the daily time frame. Stochastic wants it too. With enough volume, the target could be around 40k. That will close the 6h imbalance from 36.5k - 39.5k area.
Not financial tips! Check the other major market indices, extremely volatile markets these days. Don't make decisions on this analysis alone!
Not financial tips! Check the other major market indices, extremely volatile markets these days. Don't make decisions on this analysis alone!
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In the same sentiment, there is hope for the bulls. In the CME chart, on the 6h time frame, there is another gap above 34k. Given the indicators, it could be closed this week.
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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.