Crypto_Ideas

BTCUSD bearish divergence PRICE CORRECTION.

Short
COINBASE:BTCUSD   Bitcoin
BTCUSD heavy resistance on previous months support level.
Heavy Volume/MACD (long term settings) bearish divergence.
Newbie traders soon to be discouraged from bullish trades, sum up for cap loss.
BTCUSD now trading below immediate trend line.
Trend is BULLISH. Bears set to trade pullback sell at market seek for previous support 40-37k. Bulls close your intramonth trades, get ready to buy after pullback.

*High risk high revenue long trade term, sell high and hold it like a man. Never follow trades blindly, always do your own analysis. Trading is not for weak hearts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.