Hey guys,
In my opinion it s not a good moment to open a position because you can see a lot of mixed signals
First of all,which is very important BTCUSDT is situated into a falling wedge which is a bullish pattern
with a breakout point what can we lead us at 42-45000 USD
-We have bullish divergence at daily RSI
-Macd is -5000 ,a strong bounce will happen
Why i don’t recommend a long position? Because the BTCUSDLONGS (long positions) are too much.
Keep in mind,when the long positions are too high a QUICK dump can happen anytime.
Play safe and wait
In my opinion it s not a good moment to open a position because you can see a lot of mixed signals
First of all,which is very important BTCUSDT is situated into a falling wedge which is a bullish pattern
with a breakout point what can we lead us at 42-45000 USD
-We have bullish divergence at daily RSI
-Macd is -5000 ,a strong bounce will happen
Why i don’t recommend a long position? Because the BTCUSDLONGS (long positions) are too much.
Keep in mind,when the long positions are too high a QUICK dump can happen anytime.
Play safe and wait
Just wait and play safe!