Two days ago I published a bearish scenario on BTC already.
Here is a new one even more bearish.
Here is a new one even more bearish.
Bình luận:
I know that a lot of crypto traders use different parameters (like 20, 60, 120, 30) with Ichimoku instead of the classic one but I find the original one much more reliable.
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On the hourly chart
(a) The Kumo (cloud) (hourly) is a support
(b) but the Tenkan sen (blue) and the Senkan Span B (red line of the cloud) should be a resistance
(a) The Kumo (cloud) (hourly) is a support
(b) but the Tenkan sen (blue) and the Senkan Span B (red line of the cloud) should be a resistance
Bình luận:
the (b) on the left is (a) ;-)
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Will this sideway action end like the one we had end July?
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I must admit the momentum is pretty bullish now.
However volumes are not there to confirm that and there is a bearish divergence on the 4H timeframe.
However volumes are not there to confirm that and there is a bearish divergence on the 4H timeframe.
Giao dịch đang hoạt động:
Shooting star + Bearish divergence.
Let's go down now
Let's go down now
Bình luận:
Now a bearish divergence on MACD (4h) on top of the one on the RSI (4h)
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So sweet, BTC broke down just after reaching the .618 Fib. retracement.
How long will the current support hold the fall of BTC?
How long will the current support hold the fall of BTC?
Giao dịch được đóng thủ công:
I think we will have a correction after the huge drop we had.
See my most recent posts to have the latest updates
See my most recent posts to have the latest updates
Bình luận:
I closed my trade at least temporarily for the reasons mentioned on the graph below