BTC 1W MACD is to bear cross but be careful here- RSI heading to Overbought 1D 7688 SUPPORT broken. Look to 7495 to hold so we dont enter the green box, if this holds & RSI bottoms out in OS we will pop- RSI/MACD bearish 4H BOLLINGER BAND pinch MACD/RSI running together to oversold hoping for a pop at 7688
Weekly MACD is worrisome- yes it looks like it will pop but we have a very strong R area to break. My weekly end bullish target of ~8900 no longer stands, I just want to see us stay out of the green box & hold support at 7486 & end the week at 7688 or consolidate b/wn 7688-7824
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.