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AlanSantana
Nov 12, 2020 12:20 AM

Bitcoin 4H Bearish Divergence Short

BITFINEX:BTCUSD240
Bitcoin / DollarBitfinex

Description

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BTCUSD 4H is now showing strong bearish divergence with the MACD, RSI, and STOCH.
A drop can potentially take place here.

Watch out for a close below $15400-$1550 on this timeframe as well as EMA50 as support.

Additional info on the chart.

Namaste.

Comment

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☘️ YIN & YANG

As we go through the cycles, the ups and downs, win and loss...

At some point we might want to throw in the towel, give up, thinking that all is lost.

It is ok to feel distressed.
It is ok to sometimes feel lost.

Accept the feeling, accept your reality.

It is happening, not everything turns out always the way we want.

But a down moment is not the end of the world, of course not.

Just as we have positive, we also have negative, neutral, mixed, and many more situations in between the wins and the loss...

The key is not to always be happy.
The key is not an intention to win them all.

The key is to accept your reality gratefully, accept the win, accept the lost...

Because no matter whatever in the end happens, new opportunities always come.

Stay calm, be patient, remain strong...

Because what goes down, goes back up!

Namaste.

Comment

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The last high is being taken out...

BULLS ARE IN FAVOR NOW!

Comment

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New update:
Trend AnalysisTechnical IndicatorsBeyond Technical Analysis
Comments
UnknownUnicorn3940357
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20k tomorrow then :) :)
AlanSantana
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@DJC73, Let's hope so.
UnknownUnicorn3940357
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@alanmasters, Why? I don't really want all those alt calls of yours to dump further as I'm already in the red

LMAO - Bearish, bullish, bearish.
RyodaBrainless
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I haven't sleep yet waiting for this momentum. I hope Bitcoin continues growing not falling right now. Should better start falling at $17.000 or at resistance channel
AlanSantana
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@RyodaBrainless, Sideways would also be good so that the altcoins can continue growing.
RyodaBrainless
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@alanmasters, Time to grow now
WineTrader888
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@RyodaBrainless, Hoping for the market to go your way isnt trading. We dont trade with the mindset of trying to force the market to go our way. Analyze objectively and set the right stop loss. Thats the only way. Accept your losses and dont run them too long. To live to trade another day is more important than making profits.
zabdieljr2
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Amazing! Namaste. thank you bud!!
AlanSantana
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@zabdieljr2, My pleasure.

Thanks a lot for the support. :)
Pro_Trader_HTBB
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LOL, how's that bear trade going? Any more guessing for your followers to lose money with?
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