BTC 1H bearish channel Short

Bitcoin / TetherUSBinance

Description

⋅ May 14, 2023 11:22 AM

other leg down perhaps ?

we are currently sitting at a resistance zone in a bearish channel, could we see another move down ?

the bleu zones are bullish fair value gaps where price could reverse

connsider to move your stop loss to break even, when price is your favor.

Trade at your own risk !

Comments

nestorador

⋅ May 14, 2023 11:28 AM

Hello! Trying to get in. 26844 and 26892 and one bag left free for any occasions :-) But. I will get out at 26424 and think twice to switch to long. Divergences, read my comments

WeloTrades

⋅ May 14, 2023 11:40 AM

@nestorador I would wait for a HH on the 1h time frame to be starting to look for buys 😊 I don't really like to trade divergence 😄 best to trade with the trend 🙌