Bitcoin: Close Longs

2022년 3월 29일

I closed my position last night as I was observing a bearish divergence. What I didn't see before is that 1Y and 6M Pivots P was hit and price is struggling beneath this point. Repeat, the 1 Year and 6 Months Pivots center line was hit and we're getting bearish divergence with reversal candlesticks. The 16D chart is the key to Bitcoin right now and the market is in long mode, NOT SHORT MODE. The first chart below is where and why I exited last night and the charts following are higher time frames showing the potential change in market dynamics.

2022년 3월 30일

노트

I'm cautiously scaling in long.

2022년 5월 25일

노트

Create a buy order for $22,000.