Hello everyone. As we can see : - reject from 200 MA - moving into Ribbon EMA - bearish stochastic RSI ( on multiple time frame ) - our scalping indicator is being bullish but for now its neutral too - MACD is being bearish ( on multiple time frame ) - RSI is moving upward on 4H timeframe - also our indicator is being range again on marked area ( 10880 - 10420 ) on 4 & 12 hours timeframes - short call from Helical indicator before today is dumping
most of authors said that BTC is being short now ! So we will follow them as well but there is a possible movement from BTC to being range ! we noticed that Helical indicator is being range on 4 & 12 hours timeframes.
also we have a rejection from 200 MA and trending in Ribbon EMAs ( 20-55 EMA ).
So at the end : - market is neutral and our indicator is being range for next few days. - most of authors are being bearish so there is opportunity for BTC to retest liquidity pool at 10200$ after all I have to mention that we have our own indicators and this TA is our own vision from BTC !!
Attention : this is not a financial advise we just try to help people on their own vision.
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