Potential Quasimodo pattern for short setup on BTCUSDTPERP 14/02
Diupdate
We can see a potential short setup for BTCUSDT with the following reason.
First, let's look at the H4 chart on the right:
- Price increases with decreasing in volume -> bull is showing weakness here.
- Wedge is being formed
- 50,000 USD is a psychological resistance
--> Not willing for a long here and expect a correction soon.
Now, we will come to the 30 mins chart on the left.
We can see the potential Quasimodo pattern and bearish divergence on RSI.
Short around 49,400 - 49,550
Take profit: Around 48,688
Stoploss: Candle closes above 49,900
*Please manage your risk.
First, let's look at the H4 chart on the right:
- Price increases with decreasing in volume -> bull is showing weakness here.
- Wedge is being formed
- 50,000 USD is a psychological resistance
--> Not willing for a long here and expect a correction soon.
Now, we will come to the 30 mins chart on the left.
We can see the potential Quasimodo pattern and bearish divergence on RSI.
Short around 49,400 - 49,550
Take profit: Around 48,688
Stoploss: Candle closes above 49,900
*Please manage your risk.
Trading ditutup: target tercapai
Price hit 49,400 then to our TP
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.