Reversal sign in BTC Long

Bitcoin / TetherUSBinance

Description

⋅ May 18, 2021 6:55 AM

We have double bottom, momentum divergence, MACD cross up, fib levels and everything that indicates that we are bullish till the famous 53k.

Trade closed: stop reached

⋅ May 19, 2021 1:38 AM

Unfortunately the bearish momentum is strong so this analysis is not valid anymore

Comments

ietavakoli

⋅ May 24, 2021 5:56 PM

Agree

ridawn

⋅ May 18, 2021 7:30 AM

In ur opinion, has it broken the trend line?

mohamadrezaa_

⋅ May 18, 2021 9:43 AM

@ridawn, BTC is showing a bearish momentum (weekly and daily) however the 42k support level is almost strong and can't be broken easily (except with the force of Elon :D) so I expect a pullback to the previous support level (48k)

Alex3413

⋅ May 18, 2021 7:29 PM

Perfect 🤞