XBTUSD Hidden Bearish & too many going LONG - Triple combo
XBTUSD is showing hidden bearish divergence on the one day with lower highs on price and a higher high on RSI.
SHORTS/LONGS is showing an inverse correlation with Shorts under-bought and too many going long ahead of the halvening.
A potential Triple combo across many cryptos leading us down to Yearly S2 by end of year, still far too early to call that pattern but it is something to watch.
as always take a risk with a tight stop for bigger profits or wait for confirmation.
SHORTS/LONGS is showing an inverse correlation with Shorts under-bought and too many going long ahead of the halvening.
A potential Triple combo across many cryptos leading us down to Yearly S2 by end of year, still far too early to call that pattern but it is something to watch.
as always take a risk with a tight stop for bigger profits or wait for confirmation.