Short
RENBTC - Looking for pullback to short entry
RENBTC has broken down the uptrend and faced with MA resistances.
On lower frames, we can see positive divergence.. So a pullback is probably on the way.
We will looking for a good entry point for short position.
On lower frames, we can see positive divergence.. So a pullback is probably on the way.
We will looking for a good entry point for short position.
Trade active
A pullback occurred. short position has been openedNote
1st entry around 0.000024Set SL on 0.0000263
Note
One positive divergence can be seen on 1H chart.We will probably have an upward movement and another pullback.
Move SL to entry point.
Trade closed: stop reached
Stop has been hitted. position closed without P/L.Cuz of BTC pumped..The downtrend scenario is currently canceled.
Trade active
I opened a small short right here
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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.