Why i dont turn Bullish yet --> Eliott Wave, RSI, Volume
What caused recent price movements?
Corona Virus - as people calm down, price will calm down
Iran war - if they can find some politican solution, price will correct down
Why i dont turend bullish yet?
As you see we have a giant bearish rising wedge. BTC seems to be out in thin air.
RSI is high. the upper resistance in RSI is flat, while price is spiking higher.
At the same time volume is decreasing. Seems like Bears waiting to chash out on a higher level.
- bearish rising wedge, prise spikes went weaker
- rsi is flat and in high areas, stays flat as pricve spiking
- volume decreasing while price spikes
as always DYOR, its just my opinion
Corona Virus - as people calm down, price will calm down
Iran war - if they can find some politican solution, price will correct down
Why i dont turend bullish yet?
As you see we have a giant bearish rising wedge. BTC seems to be out in thin air.
RSI is high. the upper resistance in RSI is flat, while price is spiking higher.
At the same time volume is decreasing. Seems like Bears waiting to chash out on a higher level.
- bearish rising wedge, prise spikes went weaker
- rsi is flat and in high areas, stays flat as pricve spiking
- volume decreasing while price spikes
as always DYOR, its just my opinion
Trade ativo
Trade ativo
pretty niceTrade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.