Short-term analysis of the movement of BTC.
In the mid-term analysis there is a high probability of price movement to the top, but do not miss the small corrections?
We observe the STOCHASTIC divergence with the signal in a short position (K punched D down, a hook is formed from the K line). When forming the hook, there will be no superfluous confirmation of the downward movement.
We also observe a divergence of open interest in a small period (2), which in the short term also signals a short position.
The nearest support line for POC 1 is at the level of 7000, we expect this line to be touched with correction to the last consolidation.
In the future, it is possible to break through this consolidation or move to the next line of support for POC 2 6500
In the mid-term analysis there is a high probability of price movement to the top, but do not miss the small corrections?
We observe the STOCHASTIC divergence with the signal in a short position (K punched D down, a hook is formed from the K line). When forming the hook, there will be no superfluous confirmation of the downward movement.
We also observe a divergence of open interest in a small period (2), which in the short term also signals a short position.
The nearest support line for POC 1 is at the level of 7000, we expect this line to be touched with correction to the last consolidation.
In the future, it is possible to break through this consolidation or move to the next line of support for POC 2 6500
