BTCUSD 12H DMI ANALYSIS - BEARS STRONG
Updated
The DMI is showing bears in the lead and bulls are running out of real estate. Big move inbound over the next few days. See chart for more description.
The Williams %R is overbought and due for a oscillating correction. Yet divergence is always a possibility. Set alerts on trend line crosses and let tradingview work for you!
The Williams %R is overbought and due for a oscillating correction. Yet divergence is always a possibility. Set alerts on trend line crosses and let tradingview work for you!
Note
The price is always open to going either way. It's not always about trying to call the direction. It's about looking for opportunities for big moves. If you used alerts on trend lines you could have hit a great entry point filled with New York volume pushing it.
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