BTCUSD is very close to printing a Sell Cross of MA50-100 (4h). This has been consistent with sell opportunities in February and March.
Unless the Rising Resistance breaks, a pull back to the MA200 (4h) is more probable.
Trading Plan:
1. Sell on the current market price as the Sell Cross is pending and we need to be ahead of the price action.
Targets:
1. 25500 (MA200 4h).
Tips:
1. The RSI (4h) is under a Falling Resistance, which is the same Bearish Divergence that led to the February 9th and March 10th bottoms.
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Unless the Rising Resistance breaks, a pull back to the MA200 (4h) is more probable.
Trading Plan:
1. Sell on the current market price as the Sell Cross is pending and we need to be ahead of the price action.
Targets:
1. 25500 (MA200 4h).
Tips:
1. The RSI (4h) is under a Falling Resistance, which is the same Bearish Divergence that led to the February 9th and March 10th bottoms.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰