BTC had a Bullish rejection on EMA 50, so we expect continuation until 19100$ resistance level. Also Stochastic have a bullish crossover now, by the BTC just touched Bollinger Bands lower.
On 1H timeframe, indicators are bullish but there's two big problem !! 1st is fear and greed which can cause a crash on whole market anytime ! And 2nd problem is multiple divergence, BTC didn't fix any of them, It just made some neutral movement and then its bounced again !
🔴 Don't forget to take position with tight stop-loss, Major is neutral and its good time to do scalping !
Attention : this is not a financial advise we just try to help people on their own vision.
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