CryptoAddict77

Correction on a bearish divergence - XBTUSD (1H chart)

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CryptoAddict77 已更新   
BITMEX:XBTUSD.P   Bitcoin
We have negative divergence on both the MACD and the RSI on 1 H chart. I also think some consolidation is needed after a sustained uptrend over the last couple of days.

Short area - $7350 - $7425
Target 1 - $7100
Target 2 - $6885
Stop - $7500

Good luck!!!
评论:
Target 1 hit!
评论:
Move stop to $7255 for the rest of this trade as this is a breakout of a falling wedge currently forming.
评论:
Move stop down again to $7150

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