SHORT BTC Monday update ^^!
RSi has created a divergence
MACD has leveled off
Generally, the smaller time frames are confirming this divergence and negative MACD . Because the Daily is leading the way any trade is going to take time.
While my bias is short, I am not actually going to place a trade either way until this ascending triangle is broken one way or another. I favor a break to the downside at this point as I think it has more room to run that way. If we start breaking down, we could really see this thing run to the downside.
On the upside trade, I would really want it to break 9600 for a play to 10.5k, not this 9.3k high.
MACD has leveled off
Generally, the smaller time frames are confirming this divergence and negative MACD . Because the Daily is leading the way any trade is going to take time.
While my bias is short, I am not actually going to place a trade either way until this ascending triangle is broken one way or another. I favor a break to the downside at this point as I think it has more room to run that way. If we start breaking down, we could really see this thing run to the downside.
On the upside trade, I would really want it to break 9600 for a play to 10.5k, not this 9.3k high.
Feragatname
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.