BTC has clear reversal signs on the weekly momentum indicators with the daily chart showing a price squeeze.
We might be get short momentum below 22.3k and then either it fakes the shorts out and move up to become aligned to the reversal signal in the weekly chart
OR
We get another test of the 19k area.
OR
We get a strong momentum breakout above.
We might be get short momentum below 22.3k and then either it fakes the shorts out and move up to become aligned to the reversal signal in the weekly chart
OR
We get another test of the 19k area.
OR
We get a strong momentum breakout above.
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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.