$BTCUSD higher high, possible bearish divergence.play = SHORT
$BTC has been laggingly pushing up just so you can short. Do not fall into the trap that it is moving higher unless we break loose above 4,500$
I know I was bullish on BTC earlier but for a bull run we need to make proper bottom setup and BTC retracing is one way to do it.
PRE-ENTRY BTCUSD SHORT
ENTRY - 4,300$
TARGET 1 - 3,700$
TARGET 2 - 3450$
STOP - 4,500$
Reduce accordingly for XBTUSD
I know I was bullish on BTC earlier but for a bull run we need to make proper bottom setup and BTC retracing is one way to do it.
PRE-ENTRY BTCUSD SHORT
ENTRY - 4,300$
TARGET 1 - 3,700$
TARGET 2 - 3450$
STOP - 4,500$
Reduce accordingly for XBTUSD