Bear Flag short setup on Bitty Bitcoin

9 พ.ย. 2023

a no brainer
good risk to reward trade
bear flag setup
bearish divergence
its overbought

you know the drill

happy trading yall

9 พ.ย. 2023

บันทึก

POV divergence

10 พ.ย. 2023

บันทึก

closing trade. favoring bear trap for move up to retest the high.
will look for another trade setup

10 พ.ย. 2023

บันทึก

technically, its still a bear flag and can be traded as one
bulls would have to setup a bear trap, or maybe bears will create bull trap.
Bitcoin is getting toppy. Im anticipating a solidd 5k-8k dump sooner or later, should find support around 31k area, from there I beleive alts will party and btc will retest the high to conclude the bullish rally and start another bar leg down
time will tell

14 พ.ย. 2023

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15 พ.ย. 2023

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