Get started
Ganbu

BTC got rejected at the resistance level & bearish divergence

Short
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
Ganbu Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT btcusdtshort
3
0
trendanalysis chartpattern indicator btc btcusd btcusdt btcusdtshort
Short placed on BTCUSDT with a 1:2.3 risk-reward ratio. It tested the resistance level multiple times and a bearish divergence was formed recently on the RSI.

Trading on the 4h chart.
Trade closed manually:
Looks like it has found a strong support level. Profits booked, trade closed. Going long from here. See my other updated analysis on that.
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.