Bulls have had their share of fun, now it's the bears' time to party!
Price is currently forming a Bear Flag and RSI has a Bearish Divergence. Strong bearish signal for the short term.
Downside Target: $7.8K
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. FU Moves are common in crypto, so watch out for those Stops-Hunting Bots. If your stops are too tight, you might get liquidated and get stopped out of your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Price is currently forming a Bear Flag and RSI has a Bearish Divergence. Strong bearish signal for the short term.
Downside Target: $7.8K
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. FU Moves are common in crypto, so watch out for those Stops-Hunting Bots. If your stops are too tight, you might get liquidated and get stopped out of your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
코멘트:
Failed bear flag
코멘트:
Bearish divergence still valid!
코멘트:
Bear flag has just extended, remains valid.
코멘트:
Dump incoming!
Brace for impact!
Brace for impact!
코멘트:
Price now ranging in an ascending channel.
코멘트:
Watch out for Bull Traps!
코멘트:
1 Hour Chart Showing Bearish Signals with Bearish Divergence on RSI, Momentum Shifted Downwards on Stoch RSI.
코멘트:
Even the 4Hour Chart is itching to dump. But never let your guard down! Never be complacent. What the charts closely.
코멘트:
Rising Wedge, Golden 618 Ratio Fib Level Reached (Usual Reversal Area)
코멘트:
Bulls are pushing hard.
코멘트:
Bearish divergence still valid, Stoch RSI in upper regions, rising wedge keeping bulls in theIf corral.
코멘트:
Price pushing up out the resistance line of the rising wedge. Bulls showing their strengths!
코멘트:
Price reaching key resistance level. But bearish divergence still valid even if price reaches $10K and RSI Level maintains Level 94 or under.
코멘트:
Break out to upside!
코멘트:
Watching for a pullback.
코멘트:
Price has formed a cup pattern, bearish divergence still valid on RSI, it handle on this cup forms this is a bullish pattern.
코멘트:
Price ranging up the blue ascending channel. Bearish divergence valid on the RSI.
Expecting price to return to support line of channel before a possible breakout towards the upside. We’ll be watching the price action as it unfolds.
Expecting price to return to support line of channel before a possible breakout towards the upside. We’ll be watching the price action as it unfolds.
코멘트:
Price in a Rising Wedge, Bearish Divergence on RSI, Potential Cup & Handle Pattern Forming
