BTC/USD 3H - No reasons for reversal
3-hour sliding is quite far away from the price. The volumes for the last few months were the maximum.
If you do not take into account the situation with closed longs, then there is especially no reason for reversal.
Correction is permissible to $ 7800-7500. $ 7800 worth thinking about the long position, the level looks good. (If we get there)
In an infinite growth from the current very much I doubt. As a minimum, horizontal consolidation is necessary, and a correction for a week is better.
At + - 8.600 now is the 200th daytime sliding. Just so it is unlikely to take.
If you do not take into account the situation with closed longs, then there is especially no reason for reversal.
Correction is permissible to $ 7800-7500. $ 7800 worth thinking about the long position, the level looks good. (If we get there)
In an infinite growth from the current very much I doubt. As a minimum, horizontal consolidation is necessary, and a correction for a week is better.
At + - 8.600 now is the 200th daytime sliding. Just so it is unlikely to take.
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.