By momentum theory aggressive bulls could buy in this yellow triangle with stop below 6060, because last bottom was made with higher momentum and there are hidden bullish divergence between X and Y points.
BUT …..
Bitfinex short/long indicator shows, that both Bears / Bulls are buying, but market goes down = means Hodlers are selling.
Where we get fuel for this rise? Short squeeze is out of question.
BUT …..
Bitfinex short/long indicator shows, that both Bears / Bulls are buying, but market goes down = means Hodlers are selling.
Where we get fuel for this rise? Short squeeze is out of question.
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.
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.