Longs are up but shorts are falling... [1hr]
Looks like a buy but the imbalance in sentiment is questionable which makes for a potentially false buy signal on pivot reversal perhaps.
4ema order looks ok and bullish trend looks like there's space to go up as it broke resistance earlier.
Waiting to see if blue line crosses down on 4ema before making an decision to stay or go.
4ema order looks ok and bullish trend looks like there's space to go up as it broke resistance earlier.
Waiting to see if blue line crosses down on 4ema before making an decision to stay or go.
Note
Still no sell signal on pivot and blue EMA line is dipping hard... looks like a false buy at this stage. However still going to HODL and see what happens...Note
SOLD. Out for the count ;) Til next time...
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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.