Looks like XBTUSD is going to retrace from 16.5k and has already started moving. I suspect the cause is the price/RSI divergence that started setting up around 22:00 (Pacific) on Christmas day and has now almost exactly 24h old . I've yet to calculate my target exit price so I'll update if/when I get a moment - any contributions with your analysis on exit price more than welcome!
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I closed my short at 14.6 this morning - the optimum excite point was 14.5 but I didn't want to risk it in case I was wrong about the double bottom. Looks like it hit the 0.23 fib level, which was my dream retracement. I'm happy!
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.