Bitcoin / TetherUSShort
Today is a sideways trend
15-minute Trend
Typical fluctuations with a small pullback trend;
Bollinger Bands are narrowing;
KDJ and RSI are moving downward;
Day Trend
Continuing to maintain the downward trend;
MA5 is moving downward and has crossed the MA10 and MA30;
Bollinger Bands are moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 91:100, and the shorts are temporarily dominant;
The outflows of the top ten addresses are much greater than the inflows;
Fear & Greed Index is at 33, indicating panic;
Analysis
Today is a sideways trend, the next step is to choose the direction;
As it has not broken the four hour high, the strategy is to sell short at high prices;
It is recommended to sell short at around 58,000 - 58,500 USDT, and stop loss at 59,000 USDT;
If the BTC price can directly break through 59,000 USDT and stand firm, that’s a sign that the big bull is coming!
Typical fluctuations with a small pullback trend;
Bollinger Bands are narrowing;
KDJ and RSI are moving downward;
Day Trend
Continuing to maintain the downward trend;
MA5 is moving downward and has crossed the MA10 and MA30;
Bollinger Bands are moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 91:100, and the shorts are temporarily dominant;
The outflows of the top ten addresses are much greater than the inflows;
Fear & Greed Index is at 33, indicating panic;
Analysis
Today is a sideways trend, the next step is to choose the direction;
As it has not broken the four hour high, the strategy is to sell short at high prices;
It is recommended to sell short at around 58,000 - 58,500 USDT, and stop loss at 59,000 USDT;
If the BTC price can directly break through 59,000 USDT and stand firm, that’s a sign that the big bull is coming!
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.