BTCUSD not as bad as it looks
Updated
The price is sitting on the support.
RSI oversold on 4h timeframe.
We don´t have any divergences yet, however we may get them before breaking out.
Many people say that we will breakdown already now. We expect that bitcoin will surprise everyone and will give us a pump as a SHORT SQUEEZE. Many traders already entered short position. Late shorts will be punished.
Expect unexpected.
RSI oversold on 4h timeframe.
We don´t have any divergences yet, however we may get them before breaking out.
Many people say that we will breakdown already now. We expect that bitcoin will surprise everyone and will give us a pump as a SHORT SQUEEZE. Many traders already entered short position. Late shorts will be punished.
Expect unexpected.
Note
The trading idea is still valid.What we saw today was just a shakeout caused by fear of CPI news
Trade active
So far the price is in the mid way to our first target. We expect the continuation and reaching the target before having any bigger pullback.
💥 Free signals and ideas ➡ t.me/vfinvestment
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