While there is no outright sell signal in-BTCUSD on this daily chart, there are some warning signs for caution.
Since Labor Day-BTCUSD has been sideways.
On this daily chart there is a buy Fractal (green box).
Yet there still is a downward bias in the trading channel, and BTCUSD-has not made a meaningful move above this down channel.
The top indicator (RSI/ Stochastic) is beginning to roll-over (bearish cross).
The 5/34 MACD (middle) is weakening.
The phase energy (lower top) has it first red bar in the recent rally attempt.
CHOP (under chart) is still within the shaded area - indicating no trend.
CHOP ZONE is still green.
All of these signals remain mixed, but the four hour chart is far more negative.
I will publish this next. Don.
Since Labor Day-BTCUSD has been sideways.
On this daily chart there is a buy Fractal (green box).
Yet there still is a downward bias in the trading channel, and BTCUSD-has not made a meaningful move above this down channel.
The top indicator (RSI/ Stochastic) is beginning to roll-over (bearish cross).
The 5/34 MACD (middle) is weakening.
The phase energy (lower top) has it first red bar in the recent rally attempt.
CHOP (under chart) is still within the shaded area - indicating no trend.
CHOP ZONE is still green.
All of these signals remain mixed, but the four hour chart is far more negative.
I will publish this next. Don.
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.