BTC is totally overbought, small pullback incoming and up again! 숏

Bitcoin / U.S. dollarBitstamp

설명

⋅ 2020년 5월 6일 오후 10시 4분

Hi guys,

I am busy with. just a short trading idea with technical indicators this time, short idea literally!

BTC is totally due for a small pullback, it went up so much again.
RSI and other indicators say now: Overbought, many indicators traders will go short now probably, use a safe stop loss and early take profit, the uptrend is going on still, just a small pullback is expected now, enjoy the drop but close your short early when in profit!

Joke for you: Google "trump fake tweet" and enjoy.

코멘트

⋅ 2020년 5월 6일 오후 10시 38분

Important update: The red arrow I drew just shows price will go down, I does say it will go down to a specific level, I just expect a unknown small pullback.

코멘트

⋅ 2020년 5월 6일 오후 11시 33분

Let me know your thoughts as a comment below: How will the BTC price continue to move? Up or down and why?

매매 수동청산

⋅ 2020년 5월 6일 오후 11시 53분

Update: Here goes your drop, now take profits and call the trade over, don't get greedy as the uptrend might continue again and it will go up again soon.

Trend Analysis Technical Indicators

코멘트

Darkside999

⋅ 2020년 5월 6일 오후 10시 12분

You say small pullback and your arrow is pointing towards $5000? That's a crash lol

DappStatCentral_ML

⋅ 2020년 5월 6일 오후 10시 38분

@wildbeast, Sry If i drew it coo confusing, the arrow should just say it goes down, and not point at a specific time. Will do it better next time.

jexmee2193

⋅ 2020년 5월 6일 오후 10시 21분

Yep. Small pull back is dangerous. Can’t time that. It’s actually super bullish in my opinion.

metza24

⋅ 2020년 5월 6일 오후 10시 17분

Btc does not seem to care much about technicals these days:)

DappStatCentral_ML

⋅ 2020년 5월 6일 오후 10시 39분

@metza24, Check the history, when RSI was so high a drop followed usually