BitcoinShort
playing with a short idea
Looking for reversal confirmation within 2-3 weeks.
To confirm this negative divergence, I'm looking for:
1) another {three outside down} candlestick pattern to play out
2) followed by a break of weekly EMA30. From there I'll place my short with a tight stop. Short squeezes are usually done by that point.
Let the chart do the work, and keep your emotions in-check.
To confirm this negative divergence, I'm looking for:
1) another {three outside down} candlestick pattern to play out
2) followed by a break of weekly EMA30. From there I'll place my short with a tight stop. Short squeezes are usually done by that point.
Let the chart do the work, and keep your emotions in-check.
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.