Just for myself to see if it happens. Using trend channels, MacD divergence and volume profile. Idea is it to repeat the last drop. Obviously wont happen if BTC moons which is unlikely. Lets see does it happen/work.
Sell @ 55c stop if it starts to trade up the way.
Target 38c and lower.
Not so cluttered view

Targets from volume profile.

Sell @ 55c stop if it starts to trade up the way.
Target 38c and lower.
Not so cluttered view
Targets from volume profile.
Note
price needs to hit the sell to be divergence.Note
Seems to be going okay. Not really changing my stance unless BTC changes direction. Dont want it to start trading above 55c really, if it does will close my position.The lines you see is just wave tradings some people do, which I find interesting.
This is a guy on here that activly does it.
tradingview.com/u/Wave-Trader/
And this is one of the 'gurus' for this posts on Sundays.
youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q
And this guy teaches you better than any paid group I have tried, for free!
tradingview.com/u/PRO_Indicators/
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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.