If you’re looking for a short entry on BTC this might be your chance. Price pulled back to the 9 & 21 EMA’s on the hourly and the RSI 9 EMA hit its head on the mid-line it needs to breach for upward momentum. If it turns down and price breaks the swing low of $8,258 you may be able to capture some downside. It’s where I’d enter if I wasn’t already short. Check previous BTCUSD idea to see that trade in progress.
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.