BItcoin could be reverse to the $11,100 USD!!!
Updated
Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio that I entry in long, but right now, I see that in H4 Bitcoin doesn't have force to continue up. That could be a manipulatio pure and we need to be carefully on what cryptocurrency do. And then, today, I closed up my position on Ethereum and Litecoin becuase has sign to reversal. And then, Ethereum touch my break even, and then, don't worry about the loss, becuase just I losses less of $2 dollar, but in Bitcoin I recover this $2 USD losses when I lcosed up this position as I detect this reversal trend soon.
So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!!
The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!!
Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it.
So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
So, I put my sell order limit at $11,800 USD, that was a resistance that Bitcoin falls in two ocasion and then, we hope that Bitcoin make a reversal of the trend. Now, the SL I put on $12,000 USD becuase the $10,800 USD it's a critical point of bears scenario and we could see this as manipulation, like Ethereum do!!!
The share with you the RSI and RSI show us a bearish position and the movement was volatil that Bitcoin could be manipulated, so that turn a Bitcoin bearish until the $11,350 USD go back!!!
Ok, looking in H3 we see with clearly that Bitcoin has a bearish divergence on the RSI. That is a signal that bulls are out and then, bears going to control it.
So, if you have any question about this manipulation of perspective, please comment. I see that in ocasion the crypto-market is volatil and there's a manipulation movement. Yes, it exist, but the most important is your risk management!!!
Trade closed manually
Waoh, I do not understand how Bitcoin is up and altcoin doesn't moved. Well, I cancelled this position becuase it's sorprended what altocins do!!!
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