MACD Nasty 2W Cross
Updated
It's not traditional to use 2W time frame only because it's not really defaulted into any of our charts.
It's so tempting to buy this potential bull trap but everything on a TA perspective screams sell.
Never buy "hoping" it will bounce on support (unless you want to roll dice). Just wait until it actually shows bullish divergence to long.
It's so tempting to buy this potential bull trap but everything on a TA perspective screams sell.
Never buy "hoping" it will bounce on support (unless you want to roll dice). Just wait until it actually shows bullish divergence to long.
Note
And that's what happens when a 2W MACD crossover continues...Trade closed: target reached
BTC Finding Support at 7k is better than the previous support level at 6.5k in OCT 2018. Closing short and opening small long positions until full confirmation.
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