Short
Waves vs USD - bearish divergence
*Swing trade opportunity*
The time to take profits has arrived following a massive 760% rally and overbought condition (green columns).
Regular bearish divergence on the above 3-day chart is clearly visible suggesting an imminent trend reversal.
1st target $3.20
2nd target $2.17
Expecting support on the 21-week EMA (blue line) which is likely to be between the two targets - will know more nearer the time.
The time to take profits has arrived following a massive 760% rally and overbought condition (green columns).
Regular bearish divergence on the above 3-day chart is clearly visible suggesting an imminent trend reversal.
1st target $3.20
2nd target $2.17
Expecting support on the 21-week EMA (blue line) which is likely to be between the two targets - will know more nearer the time.
Trade closed manually
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.