tradafx

Divergence appears at resistance for BTCUSDT

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
H2 time frame.
Structure: Uptrend.
The MACD divergence signal occurs when the price moves to the resistance level of 52000.
Wait for the price to complete the double top reversal pattern, break the Key level at 49400 and get a confirmation signal, then you can find selling opportunities.
The profit target is the 45800 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.