PRICE ACTION
Price continues to fill out the ascending pattern; which should give us a cleaner read over the next 24-48 hours. However, on the 1D chart we could be setting up a hidden bullish divergence – with RSI about to break lower than its trending support.
The 5m chart has been incredibly volatile over the last 48 hours; and the 1D is showing its first significant red day in over a week. Prices below $5100 will still be the indicator for bulls running out of steam so watch that area closely.
OPEN INTERESTS (BITFINEX)
Long: 2.44 Days
Short: 1.68 Days
RELATIVE STRENGTHS
ON BALANCE VOLUME
KEY PRICE AREAS
Resistance: 5350, 5819 (52W MA), 6200
Support: 4880, 4434 (26W MA), 4363 (28D MA)
PREVIOUS ANALYSIS
Price continues to fill out the ascending pattern; which should give us a cleaner read over the next 24-48 hours. However, on the 1D chart we could be setting up a hidden bullish divergence – with RSI about to break lower than its trending support.
The 5m chart has been incredibly volatile over the last 48 hours; and the 1D is showing its first significant red day in over a week. Prices below $5100 will still be the indicator for bulls running out of steam so watch that area closely.
OPEN INTERESTS (BITFINEX)
Long: 2.44 Days
Short: 1.68 Days
RELATIVE STRENGTHS
- Micro (5m): Weak
- Short Term (4h): Bearish Divergence
- Mid Term (1D): Overbought
- Macro (1W): Hidden Bearish
ON BALANCE VOLUME
- Mid Term (1D): Higher
- Macro (1W): Lower
KEY PRICE AREAS
Resistance: 5350, 5819 (52W MA), 6200
Support: 4880, 4434 (26W MA), 4363 (28D MA)
PREVIOUS ANALYSIS
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。