jwilcharts

BTC Correction Signal: Update

Short
BITFINEX:BTCUSD   Bitcoin
GODMODE script and LSMA showing heavy sell pressure on 30M and 4H. Volume is finally starting to slow down as more sellers enter the market. The BLACK and WHITE background is from a custom DMI script I wrote, where BLACK indicates stronger selling pressure and WHITE indicates stronger buying pressure. This could be the beginning of an overall divergence from this insane BULL run we are witnessing. Keep your eyes peeled and watch the order books for WHALES putting pressure on both sides.

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.