Bitcoin / TetherUSShort
BTC going to 40K
Hello everyone,
Looking at the current LL and LH that BTC is making we can tell that the situation is not looking great.
The next major level of support is going to be around 40k. Even in the daily Stoch RSI we can see that BTC is getting closer and closer to the overbought level which is a bearish signal itself.
I would not entry the market yet, Monday is going to give us the answers we are waiting for.
Have a nice trading weeked.
Looking at the current LL and LH that BTC is making we can tell that the situation is not looking great.
The next major level of support is going to be around 40k. Even in the daily Stoch RSI we can see that BTC is getting closer and closer to the overbought level which is a bearish signal itself.
I would not entry the market yet, Monday is going to give us the answers we are waiting for.
Have a nice trading weeked.
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.