As you can see on this chart price is consolidating on 4H timeframe also making LH's and LL 's confirming the trendline.
If BTC breaks below daily 200 EMA continuing LH's and LL's then following the downtrend we can go short on BTC unless Liquidity Grab happens below 200 EMA
DISCLAIMER :- THIS POST IS MEANT FOR EDUCATIONAL PURPOSES ONLY, NOT FOR INVESTMENT OR...
DISCLAMIER : THIS IS FOR EDUCATIONAL PURPOSE ONLY, NOT A FINANCIAL INVESTMENT ADVICE, TRADE AT YOUR OWN RISK.
Bitcoin is going strong continuing an uptrend and has hit the weekly zone now with 1D chart's RSI being overbought but it doesn't necessarily means that a true reversal is coming. If we look at this chart then we can see that there has been a BOS and if...
You can go short on GOLD if price makes a pullback 1HR or 30 min timeframe, in case of consolidation you can also trade it on breakout and last target is 1934.78.
DISCLAIMER :- THIS IS NOT A FINANCIAL ADVICE, TRADE AT YOUR OWN RISK