UnknownUnicorn3629102

BTCUSD - Bullish Exhaustion

BITSTAMP:BTCUSD   Bitcoin
As I said on my previous analysis, price rose up to $10k after breaking through the overhead resistance. Price will pullback now. Bearish short/mid term but bullish longterm imo.


Notes:
  • RSI heavily overbought
  • Volume declining despite the rise in price (bullish exhaustion)
  • Volume is not as high as previous price spikes
  • Short term correction, Bullish longterm?




Trade STOCKS/FOREX/COMMODITIES/INDICES/CRYPTO with BITCOIN on WCEX.
Support me by using my affiliate link:
wcex.com/?ref=PqEOlIMW
Trade aktif:
Huge volume spike due to price hitting take profit regions and thus pushing the price back down. Expecting the price to keep tanking.
Pernyataan Penyangkalan

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.