Here's my market analysis for BTC at this moment.. in a nutshell: price consolidating, testing some resistance, I'm anticipating a little more consolidation. 2 possibilities... maybe a move to upside before dropping or just a dip from where it is right now. Signals are not strong enough for me to enter a short right here, and if it does happen to drop from here and I miss out, so be it. I like stronger signals i.e. more of a price squeeze, more indicators in overbought to give added confirmation etc. I'm predominately bearish, sitting back playing the waiting game. Here's a video I did on my chart: youtu.be/ONnzW_j9vSk. Not financial advice, just sharing to participate and invite ideas and feedback.
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.