CryptoTraderMark10

Can this trend line save BItcoin?

看多
BITSTAMP:BTCUSD   比特幣
Will it hold?

We'll see - but I have to say it looks pretty damn convincing to me. There are of course various extremely bearish things going on right now: longs are outnumbering shorts nearly 3 to 1 (should be more like 1:1 ratio for a bullish move), crypto fear level is only at 40 (should be more like 15 for a big bullish move), we are below all major moving averages on most timeframes, and stochs are in the big "fake-out" territory. But I just saw this trend line.

Wouldn't necessarily jump into a big long based on it but maybe it is providing cause for hope?

免責聲明

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。