I don't know if the price will go up or down. But I think buying now in areas of multiple resistances is a bit risky.
Any divergence in either the MFI or the RSI indicating buying exhaustion, I believe it is a good time to sell. As happened on July 28th.
Trade aktif
Stables coins dominance signaling a bear trap.
Catatan
MicroStrategy in resistance zone.
Many consider this stock a proxy for Bitcoin.
The correlation on the weekly chart is at a point where it tends to increase (periods from July to September).
In addition, the price is at the top of a long rising channel, threatening to break above and then turn back down in a symmetrical triangle on the daily chart.
Catatan
USDT, USDC and DAI dominance index (together).
We have a possible false breakout of the bearish trendline in dollar dominance.
If this falsehood comes true, USD dominance falls, and so Bitcoin rises.
On the other hand, if there is indeed a breakout above and dominance rises, BTC falls further.
Trading ditutup: target tercapai
Wait for the next entry.
Trade aktif
Next target: 59k
Catatan
The price needs to respect wave 1 to continue rising.
Catatan
Bullish divergence
Catatan
VIX: people are scared...
Trading ditutup: stop tercapai
Partial target hit, operation cancelled.
Catatan
Will the party end early or will we still have an extension if the same bullish leg of wave 3 repeats?
Trade aktif
Bear divergence on Money Flow Index, also with rejected resistance in RSI.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.