BTCUSDT Healthy Correction [Short Position / 12hr]

• Looks like BTCUSDT is hitting the slopes again, it could find support at the Previous short-term resistance/Short-term support line (2480USDT) but that scenario looks unlikely because the Med-term resistance/Previous short-term support line (2025USDT) has a lot of buy volume indicating it is a solid support. My prediction is it will continue to the Med-term resistance/Previous short-term support line and then consolidate until it meets up with the trend that crosses over with that support.

• [TOP] OBV: OBV (White) line flat-lining while price was rising indicating near top.
• [TOP] Aroon: Aroon Down (Red) crossover of Aroon Up (Green) happened at 70 indicating a confirmation of the downtrend, Aroon Down line is already above 70 which indicates it is a strong downtrend.
• 200-day SMA: SMA line (Light green line that looks like staircase) Seems to be on track with meeting up with the trend
• [BOTTOM] MACD: MACD line (White) crossed through and under the Signal line (Light Green) indicating bearish momentum
• [SECOND FROM BOTTOM] RSI: RSI being between 30-70 indicates not oversold/overbought nor undersold/underbought

• TF: 12 hours
• BUY: $2480
• SELL $2080
• STOP/LOSS: $2525/$2500

交易進行