BitcoinDiupdate BTCUSD - Bear > Bull?
Hi all,
BTCUSD, made a nice bounce again from the trendline. It seems people start buying the dip. However,
- The momentum is not so strong from the last swing high
- We have divergence showing clearly on this momentum lost
- We have nice bearish candle yesterday
So we have all the nice bias for Bear more than Bull in this case.
- If we do conservative approach, we can wait for BTC to break today's low to confirm the dip is coming
- If we do agressive approach, we can short sell on lower timeframe when BTC makes some correction (upside) a bit more.
I myself prefer to wait
BTCUSD, made a nice bounce again from the trendline. It seems people start buying the dip. However,
- The momentum is not so strong from the last swing high
- We have divergence showing clearly on this momentum lost
- We have nice bearish candle yesterday
So we have all the nice bias for Bear more than Bull in this case.
- If we do conservative approach, we can wait for BTC to break today's low to confirm the dip is coming
- If we do agressive approach, we can short sell on lower timeframe when BTC makes some correction (upside) a bit more.
I myself prefer to wait
Catatan
I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
I’ve taken a break from my public community engagements to focus on raising my three kids, but I'm rediscovering my passion for working again. Stay connected, as I plan to return and rejoin my old communities with a lot of new skills one day soon.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.