Short
[BITCOIN] Horizontal S&R | MFI & Fisher Divergence
From a technical analysis standpoint alone, and not the views factually of my own opinion; Bitcoin displays a divergence on two primary indicators to my Technical Stratagem.
If I was to position myself on this market analysis, I recommend a careful selection of entering a short position. Under no circumstances would I consider opening a long position within the next week until revision, and it is recommended to not have a position in the market if you consider not risking a downside short.
Short: Consider seriously
Long: Avoid
Fiat: Preferable
Dark Orange = 1D S&R
Light Orange = 4H S&R
Light Green = 1H S&R
White Trendline = Direction maximum or minimum from reference
If you wish to use a standard model I have developed, refer to: i.imgur.com/A895npc.png
Happy trading everyone!
If I was to position myself on this market analysis, I recommend a careful selection of entering a short position. Under no circumstances would I consider opening a long position within the next week until revision, and it is recommended to not have a position in the market if you consider not risking a downside short.
Short: Consider seriously
Long: Avoid
Fiat: Preferable
Dark Orange = 1D S&R
Light Orange = 4H S&R
Light Green = 1H S&R
White Trendline = Direction maximum or minimum from reference
If you wish to use a standard model I have developed, refer to: i.imgur.com/A895npc.png
Happy trading everyone!
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.
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.