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RizeSenpai
May 2, 2021 12:52 AM

Decent Argument For Bearish Divergence On The 4 Hour at a 61.8% Short

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

At a 61.8% Fibonacci Retracement we have 4 Hour Bearish Divergence on the MACD, and Stochastic RSI and the Regular RSI is at Overbought territory. I expect to see at least some kind of of mild pull back from here Potentially making this a Bearish 5-0 where we continue to make lower lows.

Trade closed: target reached

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