Bitcoin Prints Bearish Divergence With MACD & RSI
Updated
We have strong bearish divergence now showing up on the 2H timeframe with both indicators the MACD and RSI.
We also have a bearish candle printed just now... This can signal lower prices.
MACD:
RSI:
For this setup to be invalidated we need a close above $28500 on this timeframe.
Namaste.
We also have a bearish candle printed just now... This can signal lower prices.
MACD:
RSI:
For this setup to be invalidated we need a close above $28500 on this timeframe.
Namaste.
Note
If you would like to see the full 10X lev. SHORT trade for XBTUSD hit LIKE or leave a COMMENT.Note
SHORT XBTUSD (Bitcoin)Leverage: 10X
Buy-in: $27800 - $27100
Targets:
1) $26500 |Hit (+30%)
2) $25930 |Next target...
3) $25200
4) $24400
Stop-loss: Close 4H candle above $28500.
Liq. price: $30211
Potential profits: 114%
Capital allocation: 6%.
Shared: 27-Dec. (9:00 AM GMT-4)
Note
Targets:1) $26500 |Hit (+30%)
2) $25930 |Hit (+53%)
3) $25200 |Next target...
4) $24400
Trade closed: target reached
Will share a new update.Thanks for your support.
Namaste.
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