BTCUSD - Will it continue to defy laws of TA?
I think the time has come for the "crash" everyone is expecting.
Signs of clear bearish divergence in the shorter time frames are indicating a reversal. The price is clearly overextended and needs to cool off.
The BTC market is still in a generally bullish phase so I would expect a quick return to hit new ATHs but for now, the bull needs a break.
Initial targets at $8250 range and final target around $5500 range.
As always, do your own analysis to confirm and trade safe.
Signs of clear bearish divergence in the shorter time frames are indicating a reversal. The price is clearly overextended and needs to cool off.
The BTC market is still in a generally bullish phase so I would expect a quick return to hit new ATHs but for now, the bull needs a break.
Initial targets at $8250 range and final target around $5500 range.
As always, do your own analysis to confirm and trade safe.
ปิดการเทรด ด้วยตนเอง
The beast went up a lot more that expected so it went back down to sub 10k. It'll probably still go to 8k before resuming up.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน