HatimLa

BTC SHORT bearish hidden divergence

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Confluence of 3 arguments :
- MA 100 Act like Resistance
-Bearish Hidden Divergence
-Bearish FLAG
even if there are arguments in favor Short condition , there are others in favor the Bull like US inflation falls to 8.5% and many others , and entering now in short position is gambling so the Best moment is to wait for a good confirmation , like the price break the flag pattern.

in 90% of cases I'm waiting for confirmation to enter a trade, but in some cases I like to take risks and that's the case now and I assume the consequences so please I don't recommend you to enter now.

STAY SAFE , ALWAYS MANAGE YOUR RISK , AND TRADE WITH responsibility .

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.