BTC shows extremely overbought conditions in mid-term. Also, the long-term log trendline is very close now. Some of my indicators show a price divergence - meaning a shadow sell meaning overthrow positions to less experienced traders. It's strongly recommended to perform a partial profit-taking at least.

Trader, using patented technology to detect moves of large players (market makers). Part of my techniques work on cryptos as well.

smartvolume.wordpress.com
'Follow smarts, make money'

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.