Why i dont turn Bullish yet --> Eliott Wave, RSI, Volume
What caused recent price movements?
Corona Virus - as people calm down, price will calm down
Iran war - if they can find some politican solution, price will correct down
Why i dont turend bullish yet?
As you see we have a giant bearish rising wedge. BTC seems to be out in thin air.
RSI is high. the upper resistance in RSI is flat, while price is spiking higher.
At the same time volume is decreasing. Seems like Bears waiting to chash out on a higher level.
- bearish rising wedge, prise spikes went weaker
- rsi is flat and in high areas, stays flat as pricve spiking
- volume decreasing while price spikes
as always DYOR, its just my opinion
Corona Virus - as people calm down, price will calm down
Iran war - if they can find some politican solution, price will correct down
Why i dont turend bullish yet?
As you see we have a giant bearish rising wedge. BTC seems to be out in thin air.
RSI is high. the upper resistance in RSI is flat, while price is spiking higher.
At the same time volume is decreasing. Seems like Bears waiting to chash out on a higher level.
- bearish rising wedge, prise spikes went weaker
- rsi is flat and in high areas, stays flat as pricve spiking
- volume decreasing while price spikes
as always DYOR, its just my opinion
تم فتح الصفقة
تم فتح الصفقة
pretty niceأغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.