Short Squeeze?
So, today's price action was amazing. Here are my take aways:
1- Price fell 7.37% ($2.300) below the trading range. It seems a bit much considering the tiny upthrust. = Bearish
2- Price fell below preliminary support and made a new low = Bearish
3- Monthly support was breached = Bearish
4- Volume is dropping while price increase (divergence) = Bearish
5- RSI divergence = Bearish
This doesn't look like a strong bounce to me. Not buying in.
1- Price fell 7.37% ($2.300) below the trading range. It seems a bit much considering the tiny upthrust. = Bearish
2- Price fell below preliminary support and made a new low = Bearish
3- Monthly support was breached = Bearish
4- Volume is dropping while price increase (divergence) = Bearish
5- RSI divergence = Bearish
This doesn't look like a strong bounce to me. Not buying in.
Not
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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.
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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.