I do not want this to happen, but I see BTC going up because of divergences on MACD, hopefully a reversal. I just noticed now that a head and shoulders are not out of the question, based on supports and pivots the right shoulder could be around there. Opinions?
Testing VPVR long from 8958 stop loss 8819----bellow high volume node take profit 9184----at area of low volume 3x Leverage
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50 day with 100 day ema cross another bear run?
I spotted a bearish divergence on ADA it seems to be between 2 resitance lines at the 4h chart, probably preparing to short it if bitcoin follows.
With all these bear market it seems that bitcoin could be bulish short term. We have clear divergance in the rsi and a channel that seems to be at the bottom. What do ou think about this, do you see something else?
200 EMA on a weekly time frame, what do you think, will it hold?
Despite the small bull push i saaw some divergence in price and rsi and decided to short, let us see what happens
Short opportunity for BTC. Follow me on twitter for more @philippe_trades. Happy trading!
As expected from the last bitcoin fall it was bound to hit the resistance and the pivot. I saw this as an opportunity to strengthen my positions. Having enough indicators stating that a rebound is imminent (RSI, pivot, support, Fibonacci). Fibonacci hit the 0.72. To see more details about the support and pivot go on a daily timeframe. Sell order set for 0.0000328
As we can see we have a divergence case of rsi with the price movement.