unknownpower

BTCUSDT - Initial Short (2D chart)

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Macro wise I am still very bullish on BTC. On lower timeframes such as the 1D/2D a bearish divergence is printing. The Bollinger Band squeeze indicates an imminent move and, in tandem with the RSI and the plethora of oscillators printing bearish, it is probable we see some downside (small correction) in the coming days. Targets and divergences marked on chart.

Trade closed: target reached:
closed on 1st target
Comment:
:)
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