Currently bearish on BTC on the 4hr chart. We can see the upper Bollinger band has broken, combined with a slightly overbought RSI . This is a strong bearish signal. However, there is a resistance zone defined, we recommend to take the short position from this resistance.
Trade setup:
entry: 43800
target 37732
Not financial advice.
Bitcoin Looks Like It's Going to Fall BTC/USD COINBASE:BTCUSD Romey014 MACD looks weak – a sign for downtrend Stoch RSI is overbought Pricing is forming a flag for the downside
💡Don't miss the great buy opportunity in MIRBUSD @mircoin01 MIR / BUSD BINANCE:MIRBUSD ForecastCity_World Trading suggestion: “. There is a possibility of temporary retracement to the suggested support line (1.766). . if so, traders can […]
BTCUSD Wearing a Hat BraveNewCoin Liquid Index for Bitcoin BNC:BLX Bixley A more of an Artistic piece but still emphasizing the long dominant green trend line (that is the man/woman’s hat) This is the most […]
Currently bearish on BTC on the 4hr chart. We can see the upper Bollinger band has broken, combined with a slightly overbought RSI . This is a strong bearish signal. However, there is a resistance zone defined, we recommend to take the short position from this resistance.
Trade setup:
entry: 43800
target 37732
Not financial advice.
BTC 2-27 update ~ BTCUSDT Perpetual Contract BYBIT:BTCUSDT Eloquent good evening ~ i see two scenarios at play over here, scenario #1 – the bull (the one i currently favor) implies that we are backtesting […]
Eth Daily Outlook ETH/USD COINBASE:ETHUSD DaCryptologist After breakout of descending trendline, it nailed Daily nPOC and is deciding where to go next. Close above or below will determine my next target. 3k should offer some […]
ADAUSDTPERP LONG Cardano / TetherUS PERPETUAL FUTURES BINANCE:ADAUSDTPERP cuanterusnolimit ADAUSDTPERP Pontensi pembalikan arah/mantul di trendline, tetap hati hati kalo break trendline karena berpotensi turun lebih dalam