andre_007

Next big short for Bitcoin πŸš€βŒπŸ‘Ž

Short
andre_007 Updated   
⚠️ From now on, the price enters a dangerous zone.
πŸ“ˆ The SMI (Stochastic Momentum Index) signals an overbought region.
βŒ› Waiting for a sign of weakness in the current bullish move to go short.
Order cancelled:
The dollar's dominance in stable coins is in the middle of a triangle.
There is still room for more high in the market.
I only see conviction when this indicator signals which side of the triangle is going.
Perhaps it is more prudent to wait to reach the end of this triangle.

Comment:
Complementing the idea that it is not yet time to go short, the total capitalization of the crypto market, excluding stable coins, continues to increase:

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.