Bitcoin
Short

BTC Weekly Forecast: Fail to Break 10500

87
1. Strong bearish divergence on 3D stoch
2 Reversal on 3D stoch
3. Reversal on weekly stoch
4. Decreasing volume as we approach 10500
5. Strong resistance @ 10500. Not just the yellow resistance line, but also a bearish trend line that exists from 2018...
6. Liquidity at lower levels, such as 8000, on VPVR indicator
7. Bearish Doji candle (long wick, small body) on weekly taps 10500. Indicates failed attempt from bulls to push to resistance

I'm short to ~8000 over the next 10 days or so. As a downward trend develops, I will sharpen that target to various support areas along the way on a smaller timeframe

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.