btc is going to decline very soon.

١ يناير ٢٠٢١

There are two signals. First, there is a divergence that prices rise but rsi falls.

Second, the volume is also dropping.

If the current rising wedge is broken, there is a 10% to 15% volatility.

I think it is the beginning of a reversal.

i will buy short when price breaks below rising wedge after convergence ends, or when it meets the ceiling again.

so entry : 28800 (buy half, and when price test wedge buy half more) or 29800
stop loss: when price enter in wedge, then pattern is wrong, it is not wedge.
TP1 : 26500 (wedge)
TP2 : 25000 (0.386)

if price break up? i don't entry. because i don't belive price continue go up. i just wait next entry point.

٢ يناير ٢٠٢١

تم فتح الصفقة

I entry because 15m long candle close below wedge.

٢ يناير ٢٠٢١

أغلقت الصفقة: تم الوصول لوقف الخسارة