A lot of people screaming buy, a lot of people screaming short.
I would want to see it visit the red rectangle area with a strong rejection. That should be your entry. Look for divergences on 1h/ 4h even to enter the short. SL 2% above the high end of the red rectangle, about the same area as previous ath.
I would want to see it visit the red rectangle area with a strong rejection. That should be your entry. Look for divergences on 1h/ 4h even to enter the short. SL 2% above the high end of the red rectangle, about the same area as previous ath.
Note
BTC needs to put big boy pants on and not be affected by:Note
If you caught the 1hr divergence you should be in the short trade now. The retest is currently happening, if it breaks down you can load some more shorts:Note
If it drops, it should now, otherwise we fly, very near SL zone atm.Note
Still in the game:
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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.