BitcoinUpdated Bears show sign of weakness, we are oversold for the short term
We are currently in the territory of previous major support zone. The oscillators print strong bullish divergence on the 4h timeframe. Rsi is close to 30 on daily also showing signs of bull-div.
This is not trading advise do your own TA.
This is not trading advise do your own TA.
Trade active
i got in at 6200 planning to use trailing stopsTrade active
No further updates as this trade was a success. i only move my stops further in profit when next resistance is broken significantly.
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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.