Bitcoin is about to flash insane short signal!
Hello, everyone!
Yesterdays short has been closed in stop loss, -0.8% to deposit, which is almost nothing after last profitable long +6%. This was a siganl on 1h timeframe, which in my experience generates a lot of false signals. Now we have almost confirmes strong bearish signal on 4h.
Let's take a look at the
BTCUSDT chart. Price is forming the divergence with MACD. I am waiting for the first decreasing column to open short trade. We have an additional confirmations. Price has printed two bearish reversal bars - in wave 3 and 5 with the great angulation with Alligator. I ignored the first one and paid attention to the second one. This bar has been already confirmed, but I want to see also the confirmation from MACD.
Best regards, Ivan
__________________________________________
Subscribe now and never miss an update 👍
Yesterdays short has been closed in stop loss, -0.8% to deposit, which is almost nothing after last profitable long +6%. This was a siganl on 1h timeframe, which in my experience generates a lot of false signals. Now we have almost confirmes strong bearish signal on 4h.
Let's take a look at the
BTCUSDT chart. Price is forming the divergence with MACD. I am waiting for the first decreasing column to open short trade. We have an additional confirmations. Price has printed two bearish reversal bars - in wave 3 and 5 with the great angulation with Alligator. I ignored the first one and paid attention to the second one. This bar has been already confirmed, but I want to see also the confirmation from MACD.Best regards, Ivan
__________________________________________
Subscribe now and never miss an update 👍
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