- IO and CVD increased regarding last highs (15.04.) but price has not broken Local Daily line. This means Big Money is shorting the Local Daily and absorbing Longs. - Price is going up while Volume (OBV and AD) is decreasing in almost every time frame. Again. Big money is selling heavily to the Longs. The probability that Whale Sellers get exhausted is high too! - 1H: Grey line would be a nice Short if we can catch it. Price on 0.78 Fib. Risky... 1H Chart : https://www.tradingview.com/x/V9u3MGuF/ Follow for more ideas/Signals.? Just donate some of your profit to Animal rights or other charity :)✌️
CRYPTOCAP:USDT.D CRYPTOCAP:TOTAL It's been quite choppy to the upside in this area. Price action is printing tight descending channels within a larger ascending channel. So the bear and bull are playing a game of cat and mouse on a significant demand line and right below the 50 EMA. The micro descending channel that is printing now within the ascending channel suggests another minor wave up and slightly above is a larger time fame supply/resistance trend line combined with the 0:0.382. Considering we now have candles printing below the demand line of the trend up, developing an ascending channel, this looks like a cause building event for deeper retracement. If this was a descending channel/ bullish pattern separation, this would hence continuation to the upside. But that is not the case here. The lower 0:2.272 ratio band is significant support, paired with the 500 EMA. When the wave down starts, get ready for some more pumps throughout the market. - Not Financial Advice-
My perspective on btc it looks like going for a short
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