Elliott wave showing a bearish sign while RSI is bullish
Lets see what will happen in the next 3 hours but for me is time to stay out of BTC.
If you check Binance sell book we can see that there is a huge wall of sell positions at 10k (around 1500BTC)
And even if we go touch the 9800 again I don´t believe we can break it in the next hours, if you day trade
there will be a probable spike to 9600-9800 area but it can´t hold around that level.
Have a good one guys
If you check Binance sell book we can see that there is a huge wall of sell positions at 10k (around 1500BTC)
And even if we go touch the 9800 again I don´t believe we can break it in the next hours, if you day trade
there will be a probable spike to 9600-9800 area but it can´t hold around that level.
Have a good one guys
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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.