BitcoinShort
Bitcoin, signs of weakening
Bitcoin are showing signs of weakening.
1.RSI are poiting down, and btc growing price. Possibility of Diverging RSI.
2.Bitcoin are loosing vol. That's mean the main trend are loosing strength. Technically by the books thats mean the trend are wrong, people are not interessed at that price.
3.Bitcoin broke a triangle at 60k and should be flying 30% right now, but is not.
4.Bitcoin are performing an rising wedge, that pattern has fail rating of 6% (if confirmed breaking the bellow trendline) with objetive on 33% of fall.
Positive OBS. We know that vol can be low cause people are trading altcoins, btc are loosing marketshare.
Just be aware.
1.RSI are poiting down, and btc growing price. Possibility of Diverging RSI.
2.Bitcoin are loosing vol. That's mean the main trend are loosing strength. Technically by the books thats mean the trend are wrong, people are not interessed at that price.
3.Bitcoin broke a triangle at 60k and should be flying 30% right now, but is not.
4.Bitcoin are performing an rising wedge, that pattern has fail rating of 6% (if confirmed breaking the bellow trendline) with objetive on 33% of fall.
Positive OBS. We know that vol can be low cause people are trading altcoins, btc are loosing marketshare.
Just be aware.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.