- A couple bearish divergences on other charts (bitmex chart doesn't have enough trading history)
- Daily Candle finished low off the high
- Although Stoch RSI is pointing up and crossed the midpoint, RSI is over 70
- Made a Higher High on less volume
- At the top of Daily BBands
- Target based on confluence of fibs and previous area of structure.
Trade active
Comment:
Price broke down. Hit an intraday order block. Looking for more downward continuation. Moved my stop closer (it's trailing)
Comment:
Moved stopped further down. Approx 41.96K sats
Comment:
New Stop: 40.91 Sats
Trade closed: stop reached