Short
VERTCOIN/DOLLAR (Potential short)
Updated
CONFLUENCES
-A range might be developing into a BIG seller reign;
-Potential Fake out on range top in the direction of the big seller territory. (Engulfing bearish candle + inside bars on daily)
-The buyers are testing too much times the diagonal trendline in a short time interval; which could be and indication that they are fading
-BTC (The leading indicator) has some big sell orderflows unfold; whick might result in a potential short term sell.
Trade with care & Good luck!
-A range might be developing into a BIG seller reign;
-Potential Fake out on range top in the direction of the big seller territory. (Engulfing bearish candle + inside bars on daily)
-The buyers are testing too much times the diagonal trendline in a short time interval; which could be and indication that they are fading
-BTC (The leading indicator) has some big sell orderflows unfold; whick might result in a potential short term sell.
Trade with care & Good luck!
Trade active
Seems like we have a brake of the diagonal Trendline; descent enough to consolidate a little bit more my confidence! Bitcoin which is the leading indicator is moving accordingly aswell!Trade closed manually
1R of the trade booked. thanks for following!
Related publications
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.