Watching the grass grow is as exciting as watching BTC right now
BTC 12HR
We have been consolidating sideways for a while now between 6400-6600, for me this is no mans land, a few indicators are looking bearish to me though..
According to futures data 72.35% of retail traders are long, thats ammo for a large down move in my opinion, although we have BAKKT coming up next month so i am bullish, but for now expecting a slow move downwards while BTC market cap spreads out the alts get some love.
Most pro traders and big money are sitting on the sidelines, we need some news or a major event for BTC to get moving!!
-Forming wedge
-MACD looking bearish to me
-Bear div on STOCH RSI
-Price crossing under EMAs again
We have been consolidating sideways for a while now between 6400-6600, for me this is no mans land, a few indicators are looking bearish to me though..
According to futures data 72.35% of retail traders are long, thats ammo for a large down move in my opinion, although we have BAKKT coming up next month so i am bullish, but for now expecting a slow move downwards while BTC market cap spreads out the alts get some love.
Most pro traders and big money are sitting on the sidelines, we need some news or a major event for BTC to get moving!!
-Forming wedge
-MACD looking bearish to me
-Bear div on STOCH RSI
-Price crossing under EMAs again
Trade fermée: cible de profit atteinte
Too easy.
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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.