BitcoinShort
MACRO DUMP INCOMING
Daily Chart TA
We are right now sitting on Descending Triangle support box ( Green Colour Flat bottom).
Daily RSI and MACD is bearish and recently broke RSI support as well.
Descending Triangles are known for bearish continuation patterns.
So on a short term. If we hold this support. and make a daily reversal candle possible another lower high.
Resistance levels : 9656-9880-10040-10556> you just name IT. So much Resistance cluster on our head. Need extreme volume to break all of them.
Right now so much weakness . I have TPED partially as per shared targets 40% of my Shorts. Remaining i am holding SL at break-even. I will eventually load more in the top of the channel.
4H indicators are oversold. so need to retest . pull back is expected.
We are right now sitting on Descending Triangle support box ( Green Colour Flat bottom).
Daily RSI and MACD is bearish and recently broke RSI support as well.
Descending Triangles are known for bearish continuation patterns.
So on a short term. If we hold this support. and make a daily reversal candle possible another lower high.
Resistance levels : 9656-9880-10040-10556> you just name IT. So much Resistance cluster on our head. Need extreme volume to break all of them.
Right now so much weakness . I have TPED partially as per shared targets 40% of my Shorts. Remaining i am holding SL at break-even. I will eventually load more in the top of the channel.
4H indicators are oversold. so need to retest . pull back is expected.
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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.