Example of a shooting star in btc - bearish candle be careful

Bitcoin / U.S. dollarBitstamp

Descrição

⋅ 4 de Jun de 2019 19:35

Hello all,

Just a heads up this is a traditionally bearish situation so make sure you are prepared for the worst as always :)

-YS

Comentário

⋅ 4 de Jun de 2019 19:37

classically, you would probably have gone short below the wick on the last candle (8000) with a sl around 8800.

Comentários

jthrasher

⋅ 4 de Jun de 2019 23:24

Also worth noting that this is a "real" evening star formation where it gapped up. only 1 tick on Bitstamp but gapped up a bit more on Coinbase. Still would wait for weekly close to confirm it but good eye.

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