Huge divergence at $BTC on the weekly timeframe!!! Works out 90% of divergences, as well as a divergence in volume #Bitcoin It’s worth thinking about, what thoughts?
I very rarely trade on small timeframes, I only trade $BTC and $ETH on the daily one, I hold trades for months, constantly averaging them, and take profits at 10%
At the moment I am taking a short position at #Bitcoin and have so far entered the trade at 0.5% as I expect the last 5th wave to grow to create #дивергенция on the global weekly timeframe
Then I set limits at 80k -1% 85k - 2%
I mainly trade Short because I trade long-term, and funding is always more in +, so it slowly drips into +
Divergences have never let me down, in the last post I published a divergence on Bitcoin on a 4-hour chart and it worked and allowed me to make money
Nobody knows 100% where the peak and reversal will be, but there is always a chapel, #капитализация #биткoин hints at this
You can take a look at the last global diver on Cue-Top, I added it as a screenshot
These are just my thoughts, if anyone disagrees, write comments and correct me.