One more leg down before moon on #BTC
Zoomed out a bit today to look at the bigger picture on daily and weekly.
A very apparent bearish divergence and overbought condition in one of my indicators combined.
This will allow for a very good swing trade of 1-2 weeks time frame.
Short near $10,200 - the closer you get to this price the better so you reduce the potential loss if stopped
Target the $8,200-$8,600 area
Stop $10,500
A very apparent bearish divergence and overbought condition in one of my indicators combined.
This will allow for a very good swing trade of 1-2 weeks time frame.
Short near $10,200 - the closer you get to this price the better so you reduce the potential loss if stopped
Target the $8,200-$8,600 area
Stop $10,500
Note
Trade triggeredEntered a short at 10,175
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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.
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.