HBD clearer view. Good entry point, but with some risks.Hi, I just published an Idea with the Adam Eva pattern in short term timeframe.
Its based on this view I draw on the chart.
- We have a higher low I marked in the chart.
- The RSI is making a higher low swell - this is very good for us right now.
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- MACD pointing down (not good for us).
But we basically catching a falling knife and this Idea Is not fully confirmed yet.
Join my premium charts. Ask for more Informations.
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Have a great day.
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Not a trading advice.
HBD
HBD with a higher low! 50% easy possible. Bullish!Hi all,
morning coffee time.
HBD made a higher low in daily timeframe. And after the drop yesterday it made a Adam Eva Formation.
+ Volume is good swell.
This is very likely to go back up again.
Have a great day.
Contact me for premium member of my trade calls.
Cheers.
(Not a trading advice.)
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If HBDBTC closes above the black dashed line, it can easily continue higher.
The long-wick is a bullish signal.
This is only confirmed when the 4H candle closes.
This is not financial advice.
Namaste.
BITCOIN- HIDDEN BEARISH DIVERGENCE / LOW VOLUME The Bitcoin bull trap has come to an end and it seems the dominant trend is resuming. The higher time-frames are showing severe hidden bearish divergence in the RSI. With the price making equal highs while the RSI made a significantly higher high. I was skeptical of the rally as the volume was far too low to be confirming a trend reversal. Entered shorts above 4k at the 100 day EMA and 200 week EMA resistance. My targets remain $2600 - $1900. This is a long term play and I don't expect the targets to hit any time soon. I don't feel comfortable buying in a bearish market that's full of bulls. Capitulation will be the signal for me to close shorts and start buying. $2600 is my target for the next low if we don't get capitulation and $1900 is the capitulation target.