BTC - D1 - CORRECTIVE MOVE ONLY - SELL ON RALLY !
No change in my view which still express some tactical buying opportunity in a broad strategic bear trend !
Indeed, despite an intraday high of 35289 reached yesterday's, BTC failed to firstly close above Kijun (34970), and secondly is currently still below Mid Bollinger Band.
Recent and current price action is confirming what has been said before and any recovery or exaggeration 35'500-36'000 should be used as a good strategic selling opportunity.
Watch shorter time frames to get clues and validation or invalidation on my bearish expected scenario.
Have a nice trading day.
All the best.
Ironman8848
Indeed, despite an intraday high of 35289 reached yesterday's, BTC failed to firstly close above Kijun (34970), and secondly is currently still below Mid Bollinger Band.
Recent and current price action is confirming what has been said before and any recovery or exaggeration 35'500-36'000 should be used as a good strategic selling opportunity.
Watch shorter time frames to get clues and validation or invalidation on my bearish expected scenario.
Have a nice trading day.
All the best.
Ironman8848
Related publications
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.