BTC update
Hello everyone. I'm considering a short just under 7700, maybe start laddering in around 7650ish. Too much confluence if resistance in my opinion. Approaching the top of the daily cloud, approaching daily 200 EMA, At pivot R1, ascending resistance ray, volume declining, momentum oscillators losing steam, TD sequential at 7. Also, RSI hasn't made it into oversold on the daily since December.
Note
So much for that. BTC is a beast!
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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.