We're now moving through a very important support line holding since April 3. As the matter of fact, we're now approaching it cautiously. Amazing oscillator (smooth 3,50) is bearish on small tf, while on daily is uncertain but hopeful. Ichimoku is also uncertain, probably bullish. On the other side stochastic is very bullish on smaller tf (h4 or less) but bearish on daily. Crucial this point is, bulls will have to breakout the current resistance level marked on chart (so the next 
BTCUSDT move would be huge), while bears are more likely to win in a breakdown. The last scenario will be a very good opportunity for Alts to grow on -btc pair. Big moves are kinda unpredictable for cryptocurrencies indices. Trade safe.
BTCUSDT move would be huge), while bears are more likely to win in a breakdown. The last scenario will be a very good opportunity for Alts to grow on -btc pair. Big moves are kinda unpredictable for cryptocurrencies indices. Trade safe.
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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.