BeetCorn

$BTC - Parabolic Exhaustion ( 5 Signs of a Pullback )

Satış
BITMEX:XBTUSD.P   Bitcoin
Loving this run up, but going to go through ( quickly ) why i think its retracement time.

1. Recent bearish SFP which kicked off the last TWO price dumps occurred a few days ago
2. Bearish RSI Divergence
3. OI Skyrocketing ( Bitmex ) while price remains inside a flat range and approaching parabolic trendline. Typically large spikes in OI at the top of a large trend with little to no price movement indicate a potential reversal area.

4. Lowest Volume move with failure to reach top of channel signaling exhausted bulls
5. The good ol' CME Gap meme:
Expecting something similar to the gray line, range break, sideways, extreme chop, and then a nuke to purge OI and leveraged positions.

Longing anything under 8k.
Last.
Dip.
Ever.

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.