GOODGUY001

Flash trading ep:0

Long
GOODGUY001 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT
BTC may fall to perform divergence; it should close the 15-minute bar on the purple line; the body should not fall below the purple line; and then it will rise. Stop loss should be placed at the wick of the previous low. To run profit, use atr traling stop and don't forget to have money management.
Comment:
Since BTC dropped below the 4h triangle line, divergence might be a bit deeper than expected.
Comment:
There is already a divergence, but it appears to be weak, so if you want to take a risk and open a position, you can do so here with a stop loss at the previous low around 33300. You can wait 15 minutes for another divergence if you want to take a smaller risk. (Note: If you want to take any smaller risk and choose to wait, you may not receive your order.)
Comment:
There would be perfect to open here cut loss 33050
Trade closed: stop reached
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.