BTC/USDT : Directions for next hours

30 Des 2020

BTCUSDT
Hello everyone 😃

BTC had 2 divergences on chart, Also RSI is was touched over buy zone again.
MACD is being bearish on 4H timeframe, And now we are on critical levels !

On hourly chart we have :

Best way to trade on this such a situation is that to wait for any type of confirmation, Being neutral between zones is expected and it will makes more space for ALTS to grow...

Now We have many Bearish factors on Multiple timeframes, I don't think BTC can continue It's upward movement anymore !!

🔴 Don't take any long-term or mid-term position, you are able to do scalping with tight stop-loss.
📌 At the moment I'm bearish, Any breakout from current resistance will cause a bounce till 30K level.

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

30 Des 2020

Trade aktif

Direction is visible now,
BTC broke 28500$ resistance !
If BTC hold above zone, then 30K is possible.
Also watch for volume, it's not enough another bounce but retest on zone can make spaces...