Short the Bitcoin Golden Cross
Best entry around 5650-5750$
Bear Divergence.
Watch out for wicks hunting stop losses...
Maximum bitcoin price could be around 5900, above 6k with sustained price action would cancel this trade.
This is a swing trade that could take weeks.
Be safe.
Bear Divergence.
Watch out for wicks hunting stop losses...
Maximum bitcoin price could be around 5900, above 6k with sustained price action would cancel this trade.
This is a swing trade that could take weeks.
Be safe.
Trade active
Note
Distribution keeps on, when price closes below 4800 there would be more certainty it'll go to 4500Note
RSI bear divergence can be seen on 1D and 3D, also MACD is soon to confirm these bearish divs.All pointing out that this rally is coming to an end and BTC will correct to 4k area
Trade active
This trade still remains alive.
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.