Bitcoin
Long
Updated

BTC Potential Breakout, Daily Divergence

242
BTC on the daily has the opportunity to expand way upwards over the next month - a divergence on the daily evidently takes longer to play out but RSI could easily reach 80 off the back of the structure.

I have been shorting, confidently, for a good few weeks now, with longs in between, but I'm starting to feel like I should flip long.

Solana is also trying to reclaim the daily/weekly range - things to think about for sure.

Good luck out there!
Trade active
+12% with no drawdown, happy with the analysis and opportunity identified

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.