Based on PA only,
The BTC/USD pair is currently forming a classic Wyckoff Distribution (Top Formation). This setup may indicate a short term top & trend reversal.
Furthermore, RSI hinting at bear divs on 1,2,3,4 hour timeframes.
Not financial advice ;)
The BTC/USD pair is currently forming a classic Wyckoff Distribution (Top Formation). This setup may indicate a short term top & trend reversal.
Furthermore, RSI hinting at bear divs on 1,2,3,4 hour timeframes.
Not financial advice ;)
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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.
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.