$BTC bearish divergence painted on many indicators (MACD, Stochastic, RSI, MFI).
Its' not best practice to open a trade just based on divergence, but it's a clear sign bitcoin is losing power. If it manages another push to the red area I'll probably add to my short position.
Plus we should never forget the big picture - we are still in a bear market, so short is the way to go.
Its' not best practice to open a trade just based on divergence, but it's a clear sign bitcoin is losing power. If it manages another push to the red area I'll probably add to my short position.
Plus we should never forget the big picture - we are still in a bear market, so short is the way to go.