At or near the last 2 bottoms the number of shorts was at an extreme level. Could this time be the same? For the moment on the high time frames we have bullish divergence on MACD, RSI and Stoch RSI.
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Reasons for buying at 6k? right at the support of the fork, bullish divergence on major TF (inclunding daily) on RSI, MACD and SRSI also had bullish divergence on major TF, W bottom on bollinger bands, shorts at an extreme level.
Reasons for buying at 6k? right at the support of the fork, bullish divergence on major TF (inclunding daily) on RSI, MACD and SRSI also had bullish divergence on major TF, W bottom on bollinger bands, shorts at an extreme level.
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Short squeeze.
Short squeeze.
