Bitcoin has been traidng in this range for over a month.
We are now approaching the 8th touch on this orange resistence line. A confirmation rejection off this resistence can be bad news for bulls.
We have also recieved a short trigger on the EMA Ribbon, this means until all EMAs cross over the down trend is still highly favored.
We are also seeing a slwo decrease in volume so a strong move in either direction should come very soon.
I am currently short, risking no more than 5% of my account. Will scale upon confirmation. Further updates to come soon.
We are now approaching the 8th touch on this orange resistence line. A confirmation rejection off this resistence can be bad news for bulls.
We have also recieved a short trigger on the EMA Ribbon, this means until all EMAs cross over the down trend is still highly favored.
We are also seeing a slwo decrease in volume so a strong move in either direction should come very soon.
I am currently short, risking no more than 5% of my account. Will scale upon confirmation. Further updates to come soon.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.