emzjef12348

emzjef12348

As we mentioned in the previous post, the 4h TF has shown a bearish divergence, and we are progressively approaching our confluence. As I have spotted certain liquidities that haven't been seized yet, I have focused my secondary position on the most recent Lower Low. If it surpasses the existing Low, another dump will be shown.

emzjef12348

We have seen that the price supports our position, and right now, the MACD and RSI are exhibiting another bearish divergence. My first TP was crossed, and my SL had already been adjusted. If the market reaches our final goal or if there is a subsequent consolidation, I will hold off.

emzjef12348

Our current OTE for people who were turned away following our admission has seen a brief increase. We hope that a retest will allow us to effectively execute our secondary short strategy because the price honored our 1H supply. If the price rejects our entry, another consolidation will start right away.

emzjef12348 Updated 

BTC's price didn't breach the current swing high, which is around the 25300 level, as can be seen from the chart. Meanwhile, the buyer's impetus is waning. There have been numerous wicks and consolidation candles, and the 25k price has been strongly rejected. Another confluence to trade short on in 1D tf is a bearish divergence in the MACD. I have no idea when it...

emzjef12348

I'll continue to rely on my earlier analysis. According to convergence, the price continues to reject on our OTE, which is the ideal zone.

emzjef12348

BNB makes a double top pattern with a VSA confluence, we will expect it to dump until the price hits 272 but still depends on the seller's volume. But as of now, my confluence will be short.