BTCUSD became overheated after the strong rally after the US elections. As shown in the chart, it can't sustain breakouts beyond a consolidation area, which points to a potential weakness and may open an opportunity for a short position.
Shorts must be carefully crafted at intraday peaks, and monitored closely, as crypto markets are famous for furious bullish moves.
Remember - that's not investment advice, always DYOR and manage your risk!
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.