Btc has just double topped around the key $25,300 level. This is due to a bearish divergence in price action where we created a higher high in price (HH) but a lower high on the RSI (LH). If we get a daily close around $24,300 that would create a daily doji reversal candle which could send us back below 20k. Right now the chart looks very bad.
But there is a sliver of hope. Since the key 25K level is so important, if we are able to reverse trend and close at least a 4H candle above $25,400 then we could see a very quick and very sharp move into the $28-30k range.
Therefore as a trader right now it is the perfect shorting opportunity, but if we start closing candles above 25,400 it could be the perfect long opportunity.
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.