go8686
Short

Watch Out for Possible BITCOIN Pullback

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BITCOIN is getting more and more dangerous for Bull. It may challenge the previous high, or even breakout into higher high. But the Marginal Revenue is decreasing for Long Trade.
So Bull gets to watch out for a possible Pullback.
It is still in Range, so it is up to the market.

Indicator:
9 Seasons Rainbow Multiple Time Frames Pattern PRO
RSI

Signals:
Bearish Divergence (Overbought /Resistance, Yellow) on 2H Time frame, which is strong short signal for Bitcoin , as discussed in my idea "Is Divergence the King or Queen of Crypto Technical Analysis"
Crazybought -> Overbought, Lime -> Yellow means the previous breakout is fading.

DISCLAIMER
This is only a personal opinion and does NOT serve as live trade call NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.



Comment: Bull found support, the desire to breakout seems very strong.
Comment: Lime appears on 170m, Bull is showing their strength.
Comment: Lime (Crazy Bought) in multiple Time Frames Ribbons alerted the coming breakout in advance.
An artisan that helps traders improve productivity.
Tutorial List: https://9seasonsrainbowindicator.blogspot.com/search/label/tutorial
Youtube:https://www.youtube.com/channel/UC0YbllCWIqUy5Wk-q3bugyQ
Discord Chat: https://discord.gg/yzztRwn
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out