WiseAnalyze

Bitcoin look so bad it can pump

Long
WiseAnalyze Updated   
BITMEX:XBTUSD.P   Bitcoin
24 hour volume drops each day by 10 billions USD!!! Last time values compared to current were on 22/07, 28/07 and 12/08. Check chart to see what happened back then - big volume impulse moves, that led to reversal or dump. On July 28th fear&greed index was 16 and within next 9 days Bitcoin grown by 30% ;)

Today week candle close and that adds even more tension to this price string. Chart look bearish, which justify so much fear, but does't deny reversal. I might give some alts signals today, but be very very cautious with them, do not trade alts with more then 5-10% of your balance and be ready to sell in minimum profit or loss if the King start the move.

Shorts: 10760 - 10890 - 10960
Longs: 10100 - 9250 - 8550

Fear & Greed index: 14 (<= 20 <= 31 <= 13 <= 11 <= 45)
BTC Dominance: 68.8% (<= 69.1 <= 68.5 <= 68.4 <= 67.5)
Market Cap: $263.576 billion (<= 268.848)
24h Vol: $40.705 billion (<= 50.400)
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