BTC/USD - Coinbase This is what I was talking about.
I have said it in a previous chart to be carful that when we go up to have a vapi or rsi available. On different time frames the rsi is starting to display hidden bearish divergence. some of this so called divergence is not valid yet, but they will be in about an hour.. this could also be in confluence with the fact that we just head butted a level that has been on literally on everyones charts. This level can have us rejected but not like an OH REJECTED 1000$ DOWN! Not at all but, it could mean we may be due for another touch down is all, hopefully which i don't have a target for atm hopefully we can hold something out here. On the 45m it also looks like volume is going down. the VAPI is like my second rsi in a way and it's showing bearish div. Tt is just the 45m though.. but keep in mind on the macro level We feasibly could come back down. Watch the time frames, if there are noticeable signals on higher time frames that show bearish signs and we don't punch up a level, well Get your short on, but watch btc closely and we will see what happens, For the record.. im saying this for anyones that is trading between... like Now and tomorrow night.
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.