Hey Guys, hope everyone has been great.
For the next few days, we will most likely see BTC take a nice drop to the fallen structure.
When it gets to the support zone, ITS JUDGEMENT DAY. SO we will see what happens from there, but this is a perfect setup for a short, as of now for traders.
Justification:
-Break of market upward structure
-Retest happened and proved to fail past resistance
-RSI Slowly becoming to overbought region
-MACD Indicates decreasing buyer volume = sellers in charge
P.S
Everybody look after yourself and your families :) Take care.
For the next few days, we will most likely see BTC take a nice drop to the fallen structure.
When it gets to the support zone, ITS JUDGEMENT DAY. SO we will see what happens from there, but this is a perfect setup for a short, as of now for traders.
Justification:
-Break of market upward structure
-Retest happened and proved to fail past resistance
-RSI Slowly becoming to overbought region
-MACD Indicates decreasing buyer volume = sellers in charge
P.S
Everybody look after yourself and your families :) Take care.
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.