Multiple tests of the $15 support level, solid breakdown and consolidation below the 50/200 MA on the daily timeframe (trend reversal), lower highs, and the Bitcoin market index also failed to confirm the short divergence.
— Entry: $16.00 (market sell)
— Stop: $19.10
— Target: $11.00 ✅
Risk is 1% of the account balance RR 1:1,7
— Entry: $16.00 (market sell)
— Stop: $19.10
— Target: $11.00 ✅
Risk is 1% of the account balance RR 1:1,7
Trade active
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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.