As you can see, there is a vast space between Candles and Cloud so it will make a big RISK for those people who wants to open a long position. on the other hand, we can see the resistant line at the same time RSI is in its "over buying area" and also Stoch is too high as well. However long position is too risky but there is a chance for short position. As I said before for RSI, Stoch and cloud. I recommend to be careful and be patient with BINANCE:BTCUSDT and follow news!!!! For both long and short positions, I recommend to open them on support line and don't forget "capital management"
Comment
⋅
The cloud is thin but it shows an upward trend BE CAREFUL!!!!!