honarparvar

BTC's largest correction on the way

Short
KRAKEN:BTCUSD   Bitcoin
not gonna waste your time. here are my reasons:

1. weekly regular negative divergence
2. a very important support is broken and the pullback seems to be completed
3. RSI signal also broke a very important support
4. RSI below 60 + MACD crossed for bears simultaneously (after a long time)
5. the price action hasn't touched weekly EMA21 for a long time

so I'll be short on BTC from $54400
TPs: $45500 and $39K
SL: $56100

what did you say? Elon Musk? I don't trade based on tweets! :))
he will sell his bitcoins once they reach $100K and he can afford the time, I can't.

you shouldn't trade anyone's signal unless you understand it and believe in the same! I'm not paid for these things I say! so don't even think about them as a financial advice, as they are not! just expressing my thoughts to contribute with others, learn from their comments.
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