BTC/USDT - 2H
Facts:
1/ OBV start to reverse, but still in downtrend channel. So price only go up in short term.
2/ Price is about to break up resistant line MA200 (2H), after break this line liquidation short position will happen and create a long green candle.
3/ RSI is also about to break up the resistant at 65, then it will straight to 79-80 then correction.
4/ Zoom in the volume at 5 minutes time frame to see many spike up green columns. It is sign of strong buying
Strategy:
1/ Sell after long green candle
2/ Stop loss: 7850 USDT
Facts:
1/ OBV start to reverse, but still in downtrend channel. So price only go up in short term.
2/ Price is about to break up resistant line MA200 (2H), after break this line liquidation short position will happen and create a long green candle.
3/ RSI is also about to break up the resistant at 65, then it will straight to 79-80 then correction.
4/ Zoom in the volume at 5 minutes time frame to see many spike up green columns. It is sign of strong buying
Strategy:
1/ Sell after long green candle
2/ Stop loss: 7850 USDT