BitcoinLong
BTC short-selling action 21 April 2022 21:07 UTC
Here’s an update on prior BTC posts for April 21, 2022, @ 21:07 UTC:
Long Bulls Keep Calm. Bearish bias and emotional trading in play.
The start of the 3rd major bull wave would be broken if BTC falls below $38294
Altcoins gains @ 17,26% above BTC's relative 24 hours performance gain. The normal range for Altcoins @ 18%-22%. Lag today is closing towards normal correlation to BTC.
The whole market’s status is ‘’Risk On’’ is the active market today, but overselling has greatly increased to 157,38%, and the indicator is1.57x above the 50/50 neutral reference base!!!
BTC’s dominance at 38,51% and is @ 89,33% of the recent monthly range (with ETH’s having a weaker dominance day at 17,96% and is @ 49,40% of its monthly range)
Accumulation is favoring the medium to longer-term traders.
Recommending accumulation on good quality coins and shorting the dogs.
Long Bulls Keep Calm. Bearish bias and emotional trading in play.
The start of the 3rd major bull wave would be broken if BTC falls below $38294
Altcoins gains @ 17,26% above BTC's relative 24 hours performance gain. The normal range for Altcoins @ 18%-22%. Lag today is closing towards normal correlation to BTC.
The whole market’s status is ‘’Risk On’’ is the active market today, but overselling has greatly increased to 157,38%, and the indicator is1.57x above the 50/50 neutral reference base!!!
BTC’s dominance at 38,51% and is @ 89,33% of the recent monthly range (with ETH’s having a weaker dominance day at 17,96% and is @ 49,40% of its monthly range)
Accumulation is favoring the medium to longer-term traders.
Recommending accumulation on good quality coins and shorting the dogs.
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.