BTC broke above the volume shelf around 19270 and has held above thus far. Below bearish, above bullish short term at least. Daily has bearish divergences on many trailing indicators. But until there is a strong rejection or a break below that volume shelf shorting is high risk.

Related Ideas

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.