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Labworx
May 13, 2020 6:23 PM

Bitcoin Sell Idea Short

Bitcoin / U.S. dollarBitstamp

Description

As long as the last high is respected I will be looking for a sell opportunity.
The Daily shows a double wave up with bearisch divergence.
screencast.com/t/gt0jPVJ6qZ0C
The H4 chart shows a bearisch convergence that might indicate a reversal.
screencast.com/t/uSha44DXJuO
Agressive entry would be to attack a bearisch hidden divergence on the H4.
The H1 already shows a bearisch divergence at a strong resistance level.
screencast.com/t/2ORlwEM80
That makes 3 TF's alligned to the downside.
Conservative would be the break of the daily bottom TL.
screencast.com/t/dCgZl7fxM
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