Juggernaut
BTC moving like a juggernaut, please observe the parallel structure and the CCI levels anything above 100 is normally good and indicates strong upward trend movement but above 200 is the danger zone, extremely overbought and prone to reversal. And it looks like we are seeing momentum candles but be careful today candle is still printing. Keep and eye on the parallel structure and watch out for break outs in either direction.
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.