BTCUSD currently on a correction has overbought indicators on the 1D chart. From this perspective for a swingtrader with no FOMO this is a short signal.
On the 1H chart, the pattern signals possible entry level over 10150. For a daytrader, you could profit short-term close to 17% in 4 days.
If you combine this two setups, you have a short signal with a R/R of 5 and a profit in BTC of 27% in 11 days. And if this setup fails, you would end up with 12% profit instead of 17%.
This signal is live NOW.
WNZ Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
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