Bearish divergence on 1h Overbought Stoch on 4h Lower High Currently Open Short on next Touch of Trendline BTC is very likely to come down Entry 21300 SL 21700 TP1 20000 TP2 18500
If neckline lost we will see a retest of the recent low, possibly retracing to the 0.786. I think die to overbought stochs 1h and 4h, there’s more room to the downside than the upside.
Entry: On Falling Wedge Support Trend Line SL: Under recent low 3.03 TP: In targeted area between 1.414 and 1.618 Only trade this if Bitcoin stays above 20k
If price falls under recent low 29300 we likely to go down. Classic 5 3 5 But otherwise this scenario is still valid due to highly oversold stochs Do what the opposite think will happen
Due to overbought Stoch and bear flag 1h Expecting this scenario to happen
Entry between 0.618 and 0.702 32000-32200 Stop loss local high Take profit in next purple box 30500-30700
Buy purple box, you will be fruitful. Short 55EMA Daily
Looking for this scenario here. Overbought Stoch,retest Trendline, then pump to 34.5 (0.5 fib) After that looking for a fifth wave to 22.5-23k.