Technical Indicators: The RSI has reached overbought levels and is showing signs of weakening. A price retracement appears imminent. Similarly, buying volume has significantly exceeded the trend average but is now witnessing a decline in new buyers. The price action is currently consolidating well above the trend lines. As a result, our AI predicts that BTC is poised for a retracement.
๐ Recommended: Short Position
๐ AI estimates the ideal price range for your short position.
๐ผ Technical indicators support the bearish vision.
๐น The latest price action reveals a lucrative setup for capturing the impending swing.
- Ely
๐ Recommended: Short Position
๐ AI estimates the ideal price range for your short position.
๐ผ Technical indicators support the bearish vision.
๐น The latest price action reveals a lucrative setup for capturing the impending swing.
- Ely
Trade active:
Our short position has already secured profits, making it a rewarding choice. In fact, it has generated a substantial profit, and by enabling the trailing profit feature, we ensure a position with minimized risk.
Comment:
Who says the bears are losing? Our short position has been profitable for 48 hours without any setbacks.
Comment:
Up to this point, the price has aligned with our forecast.