BitcoinShort
Thoughts about BTCUSD
Updated
I want to share with you my thoughts on bitcoin. Why short at the moment? Let's look at all the arguments in favor of a SHORT.
1.Divergence. When bitcoin breaking through the mirror level 9200, there was divergence. This is the first sign of a price reversal.
2. Resume sales. We see a strong resumption of sales from the zone of 9500 - 10000. The seller was able to return the price to a mirror level of 9200 in volume.
3. The head-shoulders pattern is now being formed
4. Halving. Everyone knows that there was a halving yesterday. Everyone expected the price to go up. But purchases are very weak, which tells us that there is no strong buyer in bitcoin.
At the moment, short is priority. But trading must be flexible. If I see a strong buyer, and weak sales, I will change my mind and look for an entry point up.
Write your thoughts on Bitcoin, who agrees and who disagrees. Thanks to all!
1.Divergence. When bitcoin breaking through the mirror level 9200, there was divergence. This is the first sign of a price reversal.
2. Resume sales. We see a strong resumption of sales from the zone of 9500 - 10000. The seller was able to return the price to a mirror level of 9200 in volume.
3. The head-shoulders pattern is now being formed
4. Halving. Everyone knows that there was a halving yesterday. Everyone expected the price to go up. But purchases are very weak, which tells us that there is no strong buyer in bitcoin.
At the moment, short is priority. But trading must be flexible. If I see a strong buyer, and weak sales, I will change my mind and look for an entry point up.
Write your thoughts on Bitcoin, who agrees and who disagrees. Thanks to all!
Trade active
Guys, prise breaks trendline, its a good entry point to Short
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.