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Bitcoin
Short
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BTCUSD: Bear Trend Continues... Hidden Bearish Divergence

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Bitcoin broke down the symmetric triangle (bottom line shown in blue on chart) which confirms the down trend. A hidden bearish divergence is forming on the RSI, good entry for a short with a tight stop. Strong resistance at 7040.
Trade closed: target reached
Profit target reached!
delusional
Also on:
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptoCryptocurrencyTechnical IndicatorsTrend Analysis

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.
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptoCryptocurrencyTechnical IndicatorsTrend Analysis
delusional
Also on:

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.