Alteroc

BTC 1D hidden bear divergence

Alteroc Diupdate   
BITFINEX:BTCUSD   Bitcoin
Hi all,

BTC made it's usual pump. Now almost touching the downtrend resistance line. But still in descending channel...

On top, hidden bear divergence on the daily so I keep looking at the $6,160/ $5,850 levels with attention before going thinking going long

This is the perfect moment to be extra cautious, why?
- It' s dangerous to open short close to "the crowd's bottom"
- It's dangerous to open long in downtrend to "catch a falling knife"


All the Best from the Crypto Space
Alteroc
Trade aktif:
One might add the nicely respected descending channel to far:
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