Bitcoin Bearish Diversion Update So BTC 7550 or $11800..?

BTCUSD TA Update:


Bitcoin Now Trading at $9575.

and if I talking about 8 hours Chart looking Bearish Diversion.
and I also waiting for more Confirmation and waiting for 12 hours candle and daily candle Close.

so According to 8 hours Chart I am bearish.

What Next..?

According to TA I opened Short position. and Still waiting for more confirmation so waiting for 12 hours and 1 day candle Close.
I never Gamble with my hard earned money so hope you also trade safe.

Now $9600 is Working strong Resistance and also as I expected 8 hours candle also closed bellow $9550.

RSI and 8 hours chart is not looks bullish according to me.
BTCUSD now above from last high but RSI still Low from Last high.
So something cooking guys in Kitchen.

if 12 hours or Daily candle also close bellow $9550 then I will hold my Short position otherwise I will close my position in no loss no profit.

Whats about Halving..?
Bitcoin Halving is very big Events so we can't predict 100% because here Technical analysis also fail compares with Halving event so trade with small amount and Secure.

Targets:
if Candle close bellow My Bearish diversion Trend line:- if candle bellow then highly expect Bitcoin would be hard dump and My Target would be $8250 and $7749.
so keep an eye on both Targets and never all in always invest your 5-10% in mergin trading.

If candle close above Trend line:
if candle close above then I will close my short position in minor loss and open long for scalping.
And upward side my Target would be $10750 ( this is very big resistance if this breakout upward then we can see New all time high soon. so I am waiting for both Scenario.


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