Hello, guys. So Bitcoin make a manipulation and eating all stop loss of all traders, included in me. So, this is very normal when people begin to starting trading, so, the perspective is bearish for now, So, this is my proyection of the Bitcoin and make in the morning an order limit to sell. Also, se have several confirmation of 2 indicators and price action. The RSI and MACD represent now a possible reversal of the trend in H1, so, a drop of the support descendent triangle to pick up pips.
And the conditions of Daily we follow with a overbuy in all indicators and price action selection that price does't ahve any force to continue bullish
Also, in this screenshoot Bitcoin is giving us a shulder head shoulder formation, this is agood example to put in short in H1
And the conditions of Daily we follow with a overbuy in all indicators and price action selection that price does't ahve any force to continue bullish
Also, in this screenshoot Bitcoin is giving us a shulder head shoulder formation, this is agood example to put in short in H1
Trade closed manually
So, the Bitcoin seem like that confirm the broke up to continue bullish, but we have in the exactly point to view what bitocin do it?
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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.