Looks to me Bitcoin is forming a classic Bearish Divergence Pattern As of late.
That being said BTC can retest lower support before breaking 9500-9600
I would guard any long position with SL for fund protection.
I am looking to see BTCUSD find strong support before going long.
Until then I am short.
I will post long entrys & SL when time is right and keep updating this setup.
That being said BTC can retest lower support before breaking 9500-9600
I would guard any long position with SL for fund protection.
I am looking to see BTCUSD find strong support before going long.
Until then I am short.
I will post long entrys & SL when time is right and keep updating this setup.
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Related publications
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.