Massive bullish divergence on Ethereum, 4h, marked with yellow line. Great support retest and bounce. Expecting bullish wave, TP1 3200, TP2 3400, TP3 MOON, SL 2900.
This is not a financial advice!
Happy trading!
Hi all!
As can be seen by yellow lines Bitcoin formed bearish divergence. While price action has not confirmed the downtrend yet, Bitcoin was not able to breach 48.5k resistance as was mentioned in the earlier post.
Unfortunately, can’t link the previous post due not having reputation.
Therefore, there is a possibility to short up to previous support of 47.2k,...
Badger has just broken out of the descending channel on 1D timeframe.
Moreover, bullish MACD cross has formed.
Great possibility for a long setup, with TP1 set at the previous rejection at 34$
THIS IS NOT A FINANCIAL ADVICE!
Happy trading!
Bitcoin was just rejected from Fib support, while forming bullish divergence on 1h timeframe, shown yellow on the chart.
If fib resistance is broken, expecting bullish wave towards 48,5k, then to 50k.
THIS IS NOT A FINANCIAL ADVICE.
Personally, TP set at resistances above, SL at 46.5k.
GL all!
