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unknownpower
Feb 17, 2023 7:45 PM

BTCUSDT - Initial Short (2D chart) Short

Bitcoin / TetherUSBinance

Description

Macro wise I am still very bullish on BTC. On lower timeframes such as the 1D/2D a bearish divergence is printing. The Bollinger Band squeeze indicates an imminent move and, in tandem with the RSI and the plethora of oscillators printing bearish, it is probable we see some downside (small correction) in the coming days. Targets and divergences marked on chart.

Trade closed: target reached

closed on 1st target

Comment

:)
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