schuck15

BTC approaching heavy resistance

Short
schuck15 Aggiornato   
BITMEX:XBTUSD.P   Bitcoin
Heavy resistance on the log downtrend chart (will post below in an update), hitting the 50 MA, psychological resistance at 8500, approaching oversold on RSI on the 4 hour and approching 60 on the daily (reference to John Hayden's book on downtrends and RSI), C-clamp on hour double Ichi settings. All these considered I am shorting BTC and place my targets around 7900 to 8100. Stops placed above the weekly resistance (blue line).
Commento:
www.tradingview.com/chart/JmTXae43/ DAILY LOG AND downtrend resitance
Commento:
Rejection going well so far. Really looking for that 4 hour to close as an inverted hammer for candlestick confirmation of rejection.
Trade chiuso: stop raggiunto:
My stop has been reached and I will not trade here until the next daily closes.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.