Price of Bitcoin stabilize below $40000, looking for correction from down move towards 50-ish zone. Now price still inside curved area and might touch the resistance of curvature.
Take a look at indicators here on pic below
RSI showing nice Bullish divergence
but Price remain below DMA200 and DMA100
taking this 2 factors give us opportunity to see price rebound upside towards 50-ish zones to retest DMA100.
In fact there is CME futures contract expiration period for trades opened above $20000 and $30000, so seems like institutional traders fix their profits now.
Best regards
Artem Shevelev
Take a look at indicators here on pic below
RSI showing nice Bullish divergence
but Price remain below DMA200 and DMA100
taking this 2 factors give us opportunity to see price rebound upside towards 50-ish zones to retest DMA100.
In fact there is CME futures contract expiration period for trades opened above $20000 and $30000, so seems like institutional traders fix their profits now.
Best regards
Artem Shevelev
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Penafian
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📲 Join Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.