REMEMBER: We are in a BEARISH market.
Market sentiment is moving towards a more bullish outlook. Every time this has happened in the bear market we have had a very big drop.
12 hour chart on BTC points towards a bearish divergence.
Major altcoins also printed bearish divergences earlier.
Do not be fooled by market sentiment. Remove your emotions from your investments and trades. BTC still has a lot to go. This looks like a distribution phase before the next drop. We could get a few bull traps on the way but I am still swayed towards a bearish outlook.
My stop loss is at 4250 (on bitmex).
I will slowly build a short position at the current market price.
Expecting at least a re-test of the bottom (3k).
12 hour chart on BTC points towards a bearish divergence.
Major altcoins also printed bearish divergences earlier.
Do not be fooled by market sentiment. Remove your emotions from your investments and trades. BTC still has a lot to go. This looks like a distribution phase before the next drop. We could get a few bull traps on the way but I am still swayed towards a bearish outlook.
My stop loss is at 4250 (on bitmex).
I will slowly build a short position at the current market price.
Expecting at least a re-test of the bottom (3k).
Nota
Expecting a drop this weekend.
Everybody is too bullish.
Trade fechado: stop atingido
Big ooft
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Big ooft
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.