Short Opportunity BTCUSD
DO NOT TRADE BASED ON MY IDEAS - I AM NOT EXPERIENCED AT THIS thank you
-In the 30m chart a temporary upward trend has emerged (note perfect 50% retracements with each peak).
-However the size of the jump is proportionally decreasing each time, the next proportional decrease in size leads to a double top.
-Double top at the 61.8% retracement level for the 4h/daily downward trend may indicate a new low is on the way.
-In the 30m chart a temporary upward trend has emerged (note perfect 50% retracements with each peak).
-However the size of the jump is proportionally decreasing each time, the next proportional decrease in size leads to a double top.
-Double top at the 61.8% retracement level for the 4h/daily downward trend may indicate a new low is on the way.
Note
Hovering below 2200 but no volume to the upward movement. Still think it's a solid sell...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.