Bearish Divergence btc in monthly chart
BTC chart showing weakness of bearish Divergence.
Feb 22 price may potential close above to 46,900 but sign of strength is not strong from the volume and for the downside can look until to 19k from the structure of double top. Price may not drop immediately due to mass adoption of BTC as stored value in many countries but will formed lower high and lower low going down slowly.
My strategy will be follow the trend long it on inverse pullback and short it on resistance based on daily chart for 2022 trading year. Hopefully this year can spot some promising altcoins that can beat BTC and went to moon parabolically
Upcoming march 2022 may potential looks bearish due to we have sec meeting and witching day. Normally march witching day will be very volatile of the year. Good to short
April may have some opportunities to long some altcoins to gain some profits..
Then sell in may and go away for rest.. learn to not to trade is good examination for short term trader like me..
Ps: Above idea served as mine memo and trading journal for myself. I do not responsible for your loss and profit. Tayor
Feb 22 price may potential close above to 46,900 but sign of strength is not strong from the volume and for the downside can look until to 19k from the structure of double top. Price may not drop immediately due to mass adoption of BTC as stored value in many countries but will formed lower high and lower low going down slowly.
My strategy will be follow the trend long it on inverse pullback and short it on resistance based on daily chart for 2022 trading year. Hopefully this year can spot some promising altcoins that can beat BTC and went to moon parabolically
Upcoming march 2022 may potential looks bearish due to we have sec meeting and witching day. Normally march witching day will be very volatile of the year. Good to short
April may have some opportunities to long some altcoins to gain some profits..
Then sell in may and go away for rest.. learn to not to trade is good examination for short term trader like me..
Ps: Above idea served as mine memo and trading journal for myself. I do not responsible for your loss and profit. Tayor
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