BTCUSDT sell signal but Hold on! There we have the US Election!
Hello Folks!
The uptrend since Sep 2020 in the BTCUSDT chart in Daily Timeframe is can be clearly spotted.
The divergence in RSI 14 and Momentum 10 indicator are confirmed. Furthermore, the Stochastics are in extremely overbought area. Thus, a correction would be reasonable. However, we stay off till the US election since I believe from the fundamental point of view that the victory of J. Biden would make the market GREEN.
So wait :)
The uptrend since Sep 2020 in the BTCUSDT chart in Daily Timeframe is can be clearly spotted.
The divergence in RSI 14 and Momentum 10 indicator are confirmed. Furthermore, the Stochastics are in extremely overbought area. Thus, a correction would be reasonable. However, we stay off till the US election since I believe from the fundamental point of view that the victory of J. Biden would make the market GREEN.
So wait :)
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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.