Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade!
Hidden bearish divergence confirmed on weekly close.
Below 200 simple moving average. Bearish Harami-esque candle pattern.
Price action leading into weekly close was strong. As strong as general consensus on where crypto markets are going.......... “to the moon”.
A risky trade to take (shorting crypto) so a small percentage of your average position size as a hedge.
Hidden bearish divergence confirmed on weekly close.
Below 200 simple moving average. Bearish Harami-esque candle pattern.
Price action leading into weekly close was strong. As strong as general consensus on where crypto markets are going.......... “to the moon”.
A risky trade to take (shorting crypto) so a small percentage of your average position size as a hedge.