First of all, all should now i am always bullish on #bitcoin long term. These are just some bearish indications we should be watching right now
Let's assume we're bearish short-mid term and make a list why #btcusd should be bearish:
1-Lower highs (20k->14k)
2-Monthly Ichimoku
3-Weekly Ichimoku
4-Daily and smaller time-frames bearish macd div
5-Falling fiat volume till 20k top (this is also the worst cause we need much more fiat volume coming in, in order to price go up)
6-Our last pump getting more likely to a correction channel (not valid until a clean break)
7-We're still inside the correction range despite all of this massive runs, couldn't able to break it
Let's assume we're bearish short-mid term and make a list why #btcusd should be bearish:
1-Lower highs (20k->14k)
2-Monthly Ichimoku
3-Weekly Ichimoku
4-Daily and smaller time-frames bearish macd div
5-Falling fiat volume till 20k top (this is also the worst cause we need much more fiat volume coming in, in order to price go up)
6-Our last pump getting more likely to a correction channel (not valid until a clean break)
7-We're still inside the correction range despite all of this massive runs, couldn't able to break it
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.