Bitcoin Divergence
Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTCUSDT :
bitcoin was printing a descending wedge and meanwhile, a divergence between the price and MACD was seen.
the price reacted to the very important support zone and then, braked the descending wedge pattern.
A short term rising trend is possible.
I determine the SL and TP for a good R/R ratio.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTCUSDT :
bitcoin was printing a descending wedge and meanwhile, a divergence between the price and MACD was seen.
the price reacted to the very important support zone and then, braked the descending wedge pattern.
A short term rising trend is possible.
I determine the SL and TP for a good R/R ratio.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Trade closed: stop reached
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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.
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.