TradingView
UnknownUnicorn3629102
Jun 25, 2019 11:04 AM

BTCUSD - Bullish Exhaustion 

Bitcoin / U.S. dollarBitstamp

Description

As I said on my
, price rose up to 10k after breaking through the overhead resistance. Price will pullback now. Bearish short/mid term but bullish longterm imo.


Notes:
  • RSI heavily overbought
  • Volume declining despite the rise in price (bullish exhaustion)
  • Volume is not as high as previous price spikes
  • Short term correction, Bullish longterm?





Trade STOCKS/FOREX/COMMODITIES/INDICES/CRYPTO with BITCOIN on WCEX.
Support me by using my affiliate link:
wcex.com/?ref=PqEOlIMW

Trade active

Huge volume spike due to price hitting take profit regions and thus pushing the price back down. Expecting the price to keep tanking.
More