Watch the BTCUSD Shorts chart before going Short in future
I found something very interesting which I am going to at least consider on top of my normal technical analysis before going Short in future. This may be useful for my followers hence I thought to share it here. If you see the chart above, you will notice that every time there has been a Regular Bearish Divergence (Price is making Higher High and whilst RSI is making Lower High) or a Hidden Bearish Divergence (Price is making Lower High and whilst RSI is making Higher High) Short liquidations occurred and BTCUSD price pumped big time resulting from the short squeeze.
I have also marked the danger zone (red rectangle) for Shorts which has been acting as resistance since April 2018.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.