#BTC / USD 1 HR
With sentiment being divided, it is best to react to price movement rather than trying to predict. A bilateral formation is being painted on the charts. Hidden bear divergence is dropping off which means we may see a true breakout if we break upwards. However, the bull divergence is also dropping off which keeps me in a neutral position. Bull target is 8350, a bear target is 7500 zone.
Also of note, futures contracts will be expiring soon which might play a key factor in market sentiment as we continue to move sideways.
With sentiment being divided, it is best to react to price movement rather than trying to predict. A bilateral formation is being painted on the charts. Hidden bear divergence is dropping off which means we may see a true breakout if we break upwards. However, the bull divergence is also dropping off which keeps me in a neutral position. Bull target is 8350, a bear target is 7500 zone.
Also of note, futures contracts will be expiring soon which might play a key factor in market sentiment as we continue to move sideways.
Dagangan aktif
Collecting longs along the trendline with tight stops. Average entry ~ 7760
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.