BitcoinShort
Profit taking season.
Zaktualizowano
I don't make the rules, but probability is edging towards a correction here; whether short term or long term -- it doesn't matter.
- Back in range before the May 21 big dump, LOTS of orders are being filled up here.
- RSI in an overbought zone, not that big of deal tbh because if can stay like this for a while. Still, worth noting.
- As per the red arrows, volume decreasing -- price increasing. Classic divergence pattern, lets keep it simple once again.
-Looking for a bounce around the middle of the BB band which just happens to coincide with this 50DMA.
Still plenty of steam to get this to 60k as large sellers still want their shorts filled. Lets see how greedy they can get haha
Good luck, have fun, don't be too emotional (:
- Back in range before the May 21 big dump, LOTS of orders are being filled up here.
- RSI in an overbought zone, not that big of deal tbh because if can stay like this for a while. Still, worth noting.
- As per the red arrows, volume decreasing -- price increasing. Classic divergence pattern, lets keep it simple once again.
-Looking for a bounce around the middle of the BB band which just happens to coincide with this 50DMA.
Still plenty of steam to get this to 60k as large sellers still want their shorts filled. Lets see how greedy they can get haha
Good luck, have fun, don't be too emotional (:
Uwaga
Edging 60 here, time to fill up and prepare for what comes next.
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