BTC HTF Analysis: 17200 hedge long
1. Fib extension at 1.618 with this setup. When 0% placed at other levels we are still at a critical level, but not necessarily 1.618.
2. Channel TL resistance @ 16500
3. HTF 2018 resistance @ 16500 - 17200. Beginning to enter supply zone.
Weekly RSI overbought
Daily RSI bearish divergence with move from 13500-16500
Cautiously bullish as we push into supply zone. Looking to hedge at 17200 at max. Trailing stops with all pullbacks as we move up to prevent a dump from eliminating gains.
2. Channel TL resistance @ 16500
3. HTF 2018 resistance @ 16500 - 17200. Beginning to enter supply zone.
Weekly RSI overbought
Daily RSI bearish divergence with move from 13500-16500
Cautiously bullish as we push into supply zone. Looking to hedge at 17200 at max. Trailing stops with all pullbacks as we move up to prevent a dump from eliminating gains.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.