BTC - Confluence of resistance
The push proceeded totally as expected, reaching the wedge's target.
right now we have overbought indicators everywhere (TrendExhaustion, VolumeTrend, HighsLows, RSI) creating with last push a bearish divergence on resistance.
I am bearish specially seeing stock's sentiment at resistance aswell, if we cross it in one blow - will turn even more bearish. My top sits at 24,8k area.
right now we have overbought indicators everywhere (TrendExhaustion, VolumeTrend, HighsLows, RSI) creating with last push a bearish divergence on resistance.
I am bearish specially seeing stock's sentiment at resistance aswell, if we cross it in one blow - will turn even more bearish. My top sits at 24,8k area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.