Bitcoin - I warned you of divergence and hope you're safe
Updated
I told you there is a divergence in the market and bulls may loos the power for a couple of days. I hope Your capital is safe now.
Bitcoin is now dropped under MA50 on 1H chart and just pulled backed after testing Fib 382. I see there could be a retrace to 10280 to meet MA50 again and then another bearish move to 9880 which is Fib 786. So I'm going short at 10280 and looking for take profit at 9880.
This is not a financial advice. I'm just sharing my thoughts. Trade at your own risk.
Bitcoin is now dropped under MA50 on 1H chart and just pulled backed after testing Fib 382. I see there could be a retrace to 10280 to meet MA50 again and then another bearish move to 9880 which is Fib 786. So I'm going short at 10280 and looking for take profit at 9880.
This is not a financial advice. I'm just sharing my thoughts. Trade at your own risk.
Note
Trade active
Trade closed: stop reached
Note
Odd things can happen and this time against me ;)
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