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BTCUSD Daily thoughts

BITMEX:XBTUSD.P   Bitcoin
XBTUSD.P Daily thoughts

1D we still havent BROKE 16 EMA
MACD seems to be bullish tho indicating that POSITIVE HIST wants to appear (bull trap IMO)
Stoch RSI revealing that momentum power is exhausted because it's in the top of scale BUT RSI is in the middle.

IMO we can see the bull trap forming on 12 H chart

6H seems to support @ 50 EMA
(but not for long IMO)

looks like scalping the top on 3H
:eyes: on macd (searching for that NEGATIVE HIST)

very thin line
could pump in a sec or also dump

30 min LONG SIGNAL (scalp activate)

15 min LONG signal (scalp)

all no advice just MY OPINION AND STRATEGY
GOOD LUCK

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