chazd

Technically we are still ranging. Bullish Div, I'm long

chazd Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Two massive red volume candles we see are both declining in height and represent a strong rejection of the break attempt below support. That support level was established Q4 of last year's bull run, btw. It is still showing strength, and the RSI/declining sell volume w a lower low gives me belief we still hold, and continue ranging. I'll go short if we break below $9K though.
Commentaire:
update - i was wrong.

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.