BTC Bear riding ;)
Hi there
It seems to me that BTC could give a nice shorting opportunity here, the confluences I can count:
1- Current medium term trend being bearish.
2- Triangle pattern.
3- Bearish divergence on MACD.
4- Break down the support on MACD (confirmation for divergence trading).
What are your thoughts?
Ofcourse this not a finnacial advice :)
(trading based on someone elses idea is just naive)
Have a good day
It seems to me that BTC could give a nice shorting opportunity here, the confluences I can count:
1- Current medium term trend being bearish.
2- Triangle pattern.
3- Bearish divergence on MACD.
4- Break down the support on MACD (confirmation for divergence trading).
What are your thoughts?
Ofcourse this not a finnacial advice :)
(trading based on someone elses idea is just naive)
Have a good day
Penafian
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