You see that we have a Death SMA Cross at 1D chart.
When that happened , a big crash to 3k succeed. I think we will not go to that level again but we will see a huge red candle in the following days and its a strong indication of a bear market again.
Thanks for all and stay safe.
Short it before its too late.
* Not Financial Advice *
Dagangan aktif
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Bull trap. But if the SMA cross turns bullish (cross upwards) this T.A will be invalidated.
For now I expect a drop as we have a bearish divergence at the top plus the death cross still going.
Dagangan aktif
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Bull trap going on. Trade active. SHORT
Dagangan aktif
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Hi there guys, closed a short at 9500.
There is a golden cross in 1D chart that favors bulls but in 1H chart we are making a HS pattern so, be cautious.
The market is giving mixed signals, for now I am bearish because of this 1H HS pattern. See it in my last chart.
If BTC continues it's uptrend and breaks the 10200 / 10500 resistance AND consolidates above it, it will be a start of a bull market.