Trading in a bear flag into resistance (shown red). VPVR Resistance. RSI momentum is to the down side with resistance. BTC 1D RSI mostly completes the arc marking end of mid term cycles.
Expecting 7000s once 8800 is broken and held. Invalidated if we break and hold outside of the upper trendline and above the VPVR.
This move will occur soon, within hours/days to the upside/downside. The bollinger bands are extremely tight meaning that probability of volatility is high in the near future.
Expecting 7000s once 8800 is broken and held. Invalidated if we break and hold outside of the upper trendline and above the VPVR.
This move will occur soon, within hours/days to the upside/downside. The bollinger bands are extremely tight meaning that probability of volatility is high in the near future.
Note
It beginsNote
Invalidated and shorts closed outNote
INVALIDATED.
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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.