Mixed signals. with higher volume then couple months before. Bearish red wave continuation till mid september. Long if support trades on time above the blue line in. Short if it falls or consolidates longer.
Hard to say a target, since it consolidated for a long amount of time.
Just to point out. The longer it consolidates, the more bears losing momentum
Hard to say a target, since it consolidated for a long amount of time.
Just to point out. The longer it consolidates, the more bears losing momentum
Note
Still possible to rebounce back to the blue line. Unless Bitcoin does a move.
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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.