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Skyrex
May 29, 2023 5:19 PM

Bitcoin is about to flash insane short signal! Short

BTCUSDT Perpetual ContractBybit

Description

Hello, guys!

I am so excited because BYBIT:BTCUSDT.P is about to give us the rare short trade opportunity with the highest risk to reward.

Look at the chart. Bitcoin price is forming the 5 waves cycle. Wave 4 is about to be ended soon. When the Awesome Oscillator will cross the zero line, it means that wave 5 will be started. I expect the another one local pump in wave 5. When we will see the bearish divergence on 1h time frame in conjunction with the bearish reversal bar with the great angle to Williams Alligator Indicator it's gonna be the short setup when I open short.

Here is could be the trap: wave 5 can be shortened, therefore we have to count waves inside wave 5.

Best regards, Ivan
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Comments
SwallowPremium
Great info, awesome cheat sheet! Thank you for sharing!
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