BTCUSDT 4h review
So let me explain here. As we have weak bullish divergence on 4h time-frames, I believe we will retest 12000-12100 levels again, so it is good moment for a scalp into it there 12k is a great TP zone, however please aware this area, because the drop is coming after it with a high probability as on a daily chart a see a strong bearish divergence which at least shake out us till 10700-11k level. So for those who want a profitable trade - long now and hedge at 12k. Short invalidation is at 12250-12300 level.
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.