As in my previous post, the bearish divergence for 4H timeframe has played out.
Now, at the same time we are also seeing Bullish divergence, it may be opportunity for short-term trade, but if price broke 63.4k, Bullish divergence is invalid. For long-term, I am not that bullish and the worst case it may go side way.
Be cautious, not to forget today's daily candle closed slightly below fib 0.618 support.
Take care.
Previous post:
https://www.tradingview.com/chart/BTCUSDT.P/BdrEnqB3-BTCUSDT-4H-Bearish-divergence/
Now, at the same time we are also seeing Bullish divergence, it may be opportunity for short-term trade, but if price broke 63.4k, Bullish divergence is invalid. For long-term, I am not that bullish and the worst case it may go side way.
Be cautious, not to forget today's daily candle closed slightly below fib 0.618 support.
Take care.
Previous post:
https://www.tradingview.com/chart/BTCUSDT.P/BdrEnqB3-BTCUSDT-4H-Bearish-divergence/
注释
Price is still above 63.4k, if break I will prefer lower price coming. For now , still have a chance to bounce.注释
Retesting the trend line - watched out.注释
Bullish divergence has well play out. I will take profit now.
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