Bitcoin - an Overview
1. From a daily view BTC still seems to be very bearish. Right now the current week couldnt even correct the prev. Week by 50%. - so the bear trend is still active (waiting for current week close)
2. The daily Volume is also decreasing from day to day since the low from the 25 January. So we have an decreasing Volume with an increasing price which is also a bearish signal for me.
3. The current uptrend (with decreasing volume) is also slowing down on lower timeframes. (!! but i personally recommend to look on lower timeframes to see the dynamic of the correcntion)
These are the key reasons why im only looking for short entries on a longer timeframe right now!
1. From a daily view BTC still seems to be very bearish. Right now the current week couldnt even correct the prev. Week by 50%. - so the bear trend is still active (waiting for current week close)
2. The daily Volume is also decreasing from day to day since the low from the 25 January. So we have an decreasing Volume with an increasing price which is also a bearish signal for me.
3. The current uptrend (with decreasing volume) is also slowing down on lower timeframes. (!! but i personally recommend to look on lower timeframes to see the dynamic of the correcntion)
These are the key reasons why im only looking for short entries on a longer timeframe right now!
Not
Decreasing trend strength (1H): Not
Current Trend (15M):Not
Of course this is just my personal view of the current market situation and NFA!İşlem kapandı: hedefe ulaştı
Closed the position with 15.5% profit.
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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.
İlgili yayınlar
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.