Hello, nice setup showing up on Bitcoin it reminds me BNBBTC price chart.
Why Binance Coin can help Bitcoin make next move?!
Let's take a deeper look.
On Binance Coin we having a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
But even after this Strong bearish signal for sell market goes up...!
What about Bitcoin?! Guess What?! we have a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
Now what?! Will market follow up uptrend or it will make this short-term reversal from 5800$ resistance, to bring more power for next bull-run?!
Daily (D) chart showing similar bearish divergence price action, I added some levels to show nearest structure:
Now Two Hour (2H) chart showing some clear triggers for trade.
Can all recent FUD about Bitfinex push prices down or up?
Good luck for your trades, and please, share what you think about bitcoin price!
Why Binance Coin can help Bitcoin make next move?!
Let's take a deeper look.
On Binance Coin we having a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
But even after this Strong bearish signal for sell market goes up...!
What about Bitcoin?! Guess What?! we have a triple top Expanding wedge (or rising channel) it have a bearish divergence inside:
Now what?! Will market follow up uptrend or it will make this short-term reversal from 5800$ resistance, to bring more power for next bull-run?!
Daily (D) chart showing similar bearish divergence price action, I added some levels to show nearest structure:
Now Two Hour (2H) chart showing some clear triggers for trade.
Can all recent FUD about Bitfinex push prices down or up?
Good luck for your trades, and please, share what you think about bitcoin price!
Trade active
Looks break to upsideTrade active
About to go in sideways for few daysTrade active
We will see big gap on CME Bitcoin futures on Monday. Around 6400$ price level. This gap will be probably filled after some time.
Trade closed: target reached
26.5% profit reached, well done.Trade closed: target reached
Gap filed at 6400!!
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📲 Join Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
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.