BTC update - still bearish
not much has happened since the last update, we have seen a nice bull trap yesterday but are still in a downtrend. RSI and MACD are bearish and for me the chart looks very similar to the end of July (see circled). I opened a short position at 7100 with a stop loss at 7210, my first target is at 6600, my second target is 5900 when 6600 is breached, otherwise the market situation has to be re-analyzed.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.