BTC/USD Analysis
I feel as the bearish trend is finishing but i remember of trade only what i see.
So i'm considering two possible scenario
the continuation of the bear movement and the inversion of trend.
Entry 1 trade the on retracement :
Entry 2 trade up trend :
Let me know what you think
Thanks
So i'm considering two possible scenario
the continuation of the bear movement and the inversion of trend.
Entry 1 trade the on retracement :
- good support
- trade consolidation area
- check rsi
- good risk reward
Entry 2 trade up trend :
- RSI divergence
- Support
- Low volume as the main trend lost the power
- good risk reward
Let me know what you think
Thanks
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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.