Bitcoin run to 10600?! [BTC/USD]
Updated
Bitcoin looks like it could have a small bounce to the 10600 region?!
In terms of momentum this trade is risky, as everything is neutral bearish, but with a divergence and a smallish stagnant period it could be the one.
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- Bullish divergence RSI
- MACD is crossing to become neutral
- Longest leg of the move showing the acceleration to downside may cause a bounce.
- R/R ratio is too good to pass up.
In terms of momentum this trade is risky, as everything is neutral bearish, but with a divergence and a smallish stagnant period it could be the one.
To get access to ALL of our profitable indicators and strategies, visit our QuantCat website in our signature below.
Be sure to give a like and follow us for any updates and releases of future projects!
Trade closed: stop reached
Stop hit, momentum carried it forth and the divergence didn't prevail.
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