muss3rwilliam

BTC Trajectory Long term/Short Term.

BINANCEUS:BTCUSDT   Bitcoin / TetherUS
We were under Bearish Divergence the whole time at the top as you can see the RSI showed this on the first top then gave us a second chance at a short by double topping while losing strength. Now we will monitor BTC but it looks like our reversal if we don't fall through it will be @ our A position . This is where the RSI will then double bottom. I will be setting up for a long position with a 1% stop loss and I will trail the fall for a reversal if we fall through this position and continue to monitor bearish Divergence. B to C on the RSI was a break in market structure now we are looking for A to C to double bottom and cause a reversal around 32k.

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