Brothers! The long-term short strategy for Bitcoin shared a month ago has finally reached the target of 92000! 🎉 From the daily double top warning to the 4-hour MACD divergence, the technical signals were accurately fulfilled. The market is always changing, but logic and technique endure. Thank you, brothers, for your trust and support!
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背着吉他的北方少年
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BearishBTC Thoughts Sharing (1.20)
Bitcoin daily chart currently shows obvious top signals. Based on my personal judgment, today's rise may be building a double top structure at the daily level. If a 2B pattern is formed, a round of adjustment may begin. In addition, the 4-hour level also shows signs of MACD top divergence, so I tend to maintain a bearish mindset.
Without further ado, let's go straight to the point. Try to go short above 107,000. The stop loss is recommended to be set near 113,400. The target is: 96,200, 92,000, and there is even a chance to see the 80,000 pattern
The long-term stop loss is relatively large, but the profit and loss ratio is relatively appropriate. The above is the content of this issue. I hope it will be helpful to everyone. Thank you brothers for your recognition and attention!
Bitcoin daily chart currently shows obvious top signals. Based on my personal judgment, today's rise may be building a double top structure at the daily level. If a 2B pattern is formed, a round of adjustment may begin. In addition, the 4-hour level also shows signs of MACD top divergence, so I tend to maintain a bearish mindset.
Without further ado, let's go straight to the point. Try to go short above 107,000. The stop loss is recommended to be set near 113,400. The target is: 96,200, 92,000, and there is even a chance to see the 80,000 pattern
The long-term stop loss is relatively large, but the profit and loss ratio is relatively appropriate. The above is the content of this issue. I hope it will be helpful to everyone. Thank you brothers for your recognition and attention!