I'm using BTCUSDT.P because FRVP uses volume.
long story short:
BTCUSDT has hit a very major VAH. it is likely going to hold. (starting points is when btc first broke out of 200 period weekly 1.25 std dev bollinger band a while ago cause thats when the major trend thats still going on started)
Fear and greed index at 10. so probably a good time to buy.
The overall sentiment is very negative, so probably time to buy!
also we're at the edge of the 50 period monthly 1.25 std dev BB too. a major long term support.
its time for a contrarian trade. ALL IN BABY!
long story short:
BTCUSDT has hit a very major VAH. it is likely going to hold. (starting points is when btc first broke out of 200 period weekly 1.25 std dev bollinger band a while ago cause thats when the major trend thats still going on started)
Fear and greed index at 10. so probably a good time to buy.
The overall sentiment is very negative, so probably time to buy!
also we're at the edge of the 50 period monthly 1.25 std dev BB too. a major long term support.
its time for a contrarian trade. ALL IN BABY!
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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.