Bitcoin still uptrend. but waiting for a reversal?!

Updated

Bitcoin is undoubtedly in an uptrend and the best thing to do now is obviously buy at dips. The trend line suggests 8200~8250 is a good spot to long, but beware of the triple divergences in volume, rsi, macd.
The market "longs for caution"

Note

Price currently dropped about 220 dollars.

Note

Trend is broken. Short every rebound

Note

critical level at 7865 held. now long until 8400~8600.

Note

Reversal did come. didn't it LOLOL

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.