This is not FUD, this is a technical divergence on a high time frame that should result in a good chunk of the
TOTAL Market cap to shrink by a good margin.
De-risking and shorting are encouraged right now. I also added the Chaiken Money Flow Indicator on the bottom for extra confluence. Alts will suffer (there will be exceptions). And I am unclear as to where Bitcoin will go, but I'm guessing it will try and retest at 45-46k.
Trade safe and have fun!
De-risking and shorting are encouraged right now. I also added the Chaiken Money Flow Indicator on the bottom for extra confluence. Alts will suffer (there will be exceptions). And I am unclear as to where Bitcoin will go, but I'm guessing it will try and retest at 45-46k.
Trade safe and have fun!
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Related publications
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.