It Looks Double bottom with Divergence In BTC
Hello
this is the first time after a long time on bigger Time Frames I am seeing some kind of bullishness which may unfold with the time on the technical point of view it is showing as of now good weekly bullish Candle which should close on higher side but still there is time left, but RSI Divergence is clearly visible on Weekly Time frame, BTC looks good to me from Technical point of view but there is pretty high chance of Doller Surges too so keep that in mind also, being just a trader our work is to only find patterns and looking for risk and manage that risk. So choose position wisely.
All the very best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
this is the first time after a long time on bigger Time Frames I am seeing some kind of bullishness which may unfold with the time on the technical point of view it is showing as of now good weekly bullish Candle which should close on higher side but still there is time left, but RSI Divergence is clearly visible on Weekly Time frame, BTC looks good to me from Technical point of view but there is pretty high chance of Doller Surges too so keep that in mind also, being just a trader our work is to only find patterns and looking for risk and manage that risk. So choose position wisely.
All the very best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Comment:
BTC fought pretty hard but it fails last week ,its part of the game
Trade closed: stop reached