XBTUSD short term chart update
Price could not even retest the breakdown at $3,500. So far it looks very bearish with no strength on any rally.
There is a potential setup of bullish RSI divergence on 4h chart. If we make a new low at $3,300 and a higher low on the RSI.
$3,300 should be a buy on the first touch.
Next support is near the lows around $3,200. Bellow that we are going to start another fast move to the low $2,000s. I don't think this will happen yet, but you prepare for all options.
Short term trade:
Buy near $3,300 support
Target 1: $3,500
Target 2: $3,575
Stop: $3,240
Good Luck!!!
There is a potential setup of bullish RSI divergence on 4h chart. If we make a new low at $3,300 and a higher low on the RSI.
$3,300 should be a buy on the first touch.
Next support is near the lows around $3,200. Bellow that we are going to start another fast move to the low $2,000s. I don't think this will happen yet, but you prepare for all options.
Short term trade:
Buy near $3,300 support
Target 1: $3,500
Target 2: $3,575
Stop: $3,240
Good Luck!!!
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.
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.