Price of Bitcoin stabilize below $40000, looking for correction from down move towards 50-ish zone. Now price still inside curved area and might touch the resistance of curvature.
Take a look at indicators here on pic below
RSI showing nice Bullish divergence
but Price remain below DMA200 and DMA100
taking this 2 factors give us opportunity to see price rebound upside towards 50-ish zones to retest DMA100.
In fact there is CME futures contract expiration period for trades opened above $20000 and $30000, so seems like institutional traders fix their profits now.
Best regards
Artem Shevelev
Take a look at indicators here on pic below
RSI showing nice Bullish divergence
but Price remain below DMA200 and DMA100
taking this 2 factors give us opportunity to see price rebound upside towards 50-ish zones to retest DMA100.
In fact there is CME futures contract expiration period for trades opened above $20000 and $30000, so seems like institutional traders fix their profits now.
Best regards
Artem Shevelev
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🔍 linktr.ee/artemcrypto ✅
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.