BTC USD 4HR LOOKS LIKE IT MAY BE LINING UP TO BREAK TREND UP
IT LOOKS , (BITCOIN)
like btc could be ready to go up and not drop, rsi and price action showing plenty of room to break the sideways downward trend, if this happens 9k-9.7k is my range it would go for first... its been very low volume,,,, the set up is right to at least bounce, but it could go low without a jump, this is crypto and anything can truly happen , this is just a possible set up I see. I circled the RSI in blue its ready , but there has to be buys to push it up, so its also ready to bottom feed if the , volume is not there to push it up to around 9k or a little more. all we can do is watch. but you can decide for yourself after you see
I have a short out on Bitcoin as well,
this really could go either way and something else that could happen is it go sideways. if Volume doesn't come flooding in from the Bulls then she is going down for sure maybe slow but downhttps://www.tradingview.com/chart/Mx45a8aW/
like btc could be ready to go up and not drop, rsi and price action showing plenty of room to break the sideways downward trend, if this happens 9k-9.7k is my range it would go for first... its been very low volume,,,, the set up is right to at least bounce, but it could go low without a jump, this is crypto and anything can truly happen , this is just a possible set up I see. I circled the RSI in blue its ready , but there has to be buys to push it up, so its also ready to bottom feed if the , volume is not there to push it up to around 9k or a little more. all we can do is watch. but you can decide for yourself after you see
I have a short out on Bitcoin as well,
this really could go either way and something else that could happen is it go sideways. if Volume doesn't come flooding in from the Bulls then she is going down for sure maybe slow but downhttps://www.tradingview.com/chart/Mx45a8aW/
Comment:
def a short, i should have known better i went against my better judgement. everything was pointing down and well it took the down