BTCUSD... DOWN, clearly as charts tell it.
The confluence of the weekly and daily chart is not unexpected, but uncanny. See the red circle in the weekly chart of the candlestick upper shadows, which translates to the Daily chart lower, BOTH failing the 55EMA.
Very bearish confluence IMHO...
PS. It is very similar for ETH as well!
The confluence of the weekly and daily chart is not unexpected, but uncanny. See the red circle in the weekly chart of the candlestick upper shadows, which translates to the Daily chart lower, BOTH failing the 55EMA.
Very bearish confluence IMHO...
PS. It is very similar for ETH as well!
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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.