Everything is growing so beautifully, but for some reason I prefer to look towards shorts in present situation. And it seems like we are holding on the level, they came beyond $ 230 and it seems that Bitcoin has a bull formation on the daily TF, but there is one big and bold BUT - this is not a worked divergence on the weekly TF for bitcoin and we do not pass zero line it according to the MACD histogram
Second BUT: at 12 hour TF on the ETH, it’s a very long time above zero that the same histogram is creeping, I’ve already seen several times this usually flies very far from the expected one, plus a divergence is drawn over this TF
Third BUT: 6 hours tf and hour tf on air as it is also not a miracel for growth (all the same "Magda" my favorite signal)
Fourth BUT: few short positions on BTC are also annoying
Fifth BUT: way too many longs at the ETH and shorts almost non existent))
Sixth BUT: the same bearish formation on daytime tf
And hints of a continuation of the fall with the bearish formations of ripple and litecoin, NeO, EOS
I try to short from the current ($ 235-236), stop loss $ 240 (2.5%), the profit area is $ 170, but if there would be a downward movement, I will carefully look at the $ 190 mark - here we have MA 200 day TF and lower of the border current consolidation, whether there will be any surprises, I hope the MACD will tell us))
I’ll change my shoes above $ 240 or if we get stuck for a long time at current prices and defer a flat divergence and this can be, but the TF is too large to at least somehow not respond to it
Good luck!
Second BUT: at 12 hour TF on the ETH, it’s a very long time above zero that the same histogram is creeping, I’ve already seen several times this usually flies very far from the expected one, plus a divergence is drawn over this TF
Third BUT: 6 hours tf and hour tf on air as it is also not a miracel for growth (all the same "Magda" my favorite signal)
Fourth BUT: few short positions on BTC are also annoying
Fifth BUT: way too many longs at the ETH and shorts almost non existent))
Sixth BUT: the same bearish formation on daytime tf
And hints of a continuation of the fall with the bearish formations of ripple and litecoin, NeO, EOS
I try to short from the current ($ 235-236), stop loss $ 240 (2.5%), the profit area is $ 170, but if there would be a downward movement, I will carefully look at the $ 190 mark - here we have MA 200 day TF and lower of the border current consolidation, whether there will be any surprises, I hope the MACD will tell us))
I’ll change my shoes above $ 240 or if we get stuck for a long time at current prices and defer a flat divergence and this can be, but the TF is too large to at least somehow not respond to it
Good luck!