BTC USD keep it simpel Short

Bitcoin / DollarBitfinex

Description

⋅ Aug 4, 2018 1:00 PM

i think my chart will tell you every thing,

i was only thinking to draw some trendline, but i cud not help it to throw inn some indicators to back it up

Anyway btc 4 hour, use stopp loss for safe trading

Trade closed: target reached

⋅ Aug 4, 2018 8:05 PM

Its not on the trendline, but everything looks good for a long from here

Comments

AJBullyBear

⋅ Aug 4, 2018 3:15 PM

Please explain noted divergences to help us learning understand if you have time!
cheers

Psydseter

⋅ Aug 4, 2018 6:13 PM

@ajaxharmonius, am still learning divergence, but i also see many pro traders doing it wrong. i think they only did learn the basic, and didnt bother to learn more about it. You have 4 differnt bull div and 4 bear div. Strong, medium, weak and hidden. For me it is the last leg that counts. it can be good for scalping if you learn it right

skipyxxl72

⋅ Aug 4, 2018 1:05 PM

if they are hidden how can you see them?

Psydseter

⋅ Aug 4, 2018 5:58 PM

@skipyxxl72, its just the name on the div hehe