Shanks21

BEARISH DIVERGENCE IN BTCUSD DAILY

Short
Shanks21 Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Short trigger = break of channel to the downside
Enter = go to lower time frime 4H-1H to find a good entry point
Exit = 42.000-42.150 $ is the first support, 35.000-35.500 $ (CME gap considered) low probability exit
Stop loss = break line of channel + 1ATR in entry TF

goodluck!
Commentaire:
price hit the upper line of the rising channel and got a massive rejection.
at this point you can enter a trade short using the intra day TF or wait until the channel is broken to the downside.
Transaction en cours
Commentaire:
enjoy the ride to 41K after that 38k most likely.
Commentaire:
bears are losing momentum on the hourly.
if bulls take it up to 46700$ then the main bullish trend can continue again.

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