Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
MACD Divergence setup- Bitcoin/USD - Short
Bitcoin
Short
MACD Divergence setup- Bitcoin/USD - Short
By nadavhurwitz
Follow
Follow
Nov 4, 2020
8
Nov 4, 2020
This is in continuation of a previous post (linked below).
We have an upwards Wedge with a MACD divergence.
This is a bearish signal.
A downwards break of the wedge could mean the trend might reverse.
Trade levels in previous post.
Please use caution!
As vote counting resumes in the coming hours, volatility might resume.
I know the Bitcoin narrative is bullish in the long run.
Remember that this is a short/medium term trade.
Happy trading:)
Chart Patterns
Harmonic Patterns
Technical Indicators
macddivergence
nadavhurwitz
Follow
Related publications
Bitcoin USD Bearish Crab
by nadavhurwitz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.