RSI figures and price level is not matching. There is negative mismatch between RSI and price. So I am thinking it is time to short BTCUSD.
Triangle pattern on the daily chart shows us bottom formation is about to be completed. So I am going Long this time with using stop loss.
Indicators don't approve the current price levels. Probably it is a kind of correction of the last week fall. You can copy my trades which I am using a unique trading bot for eurusd and btcusd below: ct.cryptox100.com
Triangle pattern on the daily chart shows us bottom formation is about to be completed. So I am going long with using Stop Loss.
I am expecting BTCUSD to test the main trend support trendline next week. I am not bullish till price break $8000 levels. Short positions have more chance than the bullish scenario.
I am expecting current levels are suitable for sell and for short position. I am very pessimistic about the global stock markets, and thinking that this asset bubble will burst soon. So you need to protect yourself from coming crash.
There is a negative divergence on indicators. So I believe today after FED decision we will see a little crash. So Short SPX500!
As I expected a new bearish move has been started. So Sell BTCUSD.
I think bearish looking hasn't been change yet. So it should be good to be carefully when trading long. It would be rather to watch the market than going in.
I am thinking support guidance line will break soon. 1.15 level is stop loss and if stays 3 days above 1.15 then I will start to think to go long. But I am short for now. 1.11700 levels could be good for take profit
Possibly up trend has been started. Next levels 110.700-111.200. So I am going long with tight stop loss, use trailing stop loss if it is possible.