Bitcoin is about to flash insane short signal!

١٤ أبريل ٢٠٢٣

Hello, everyone!

Yesterdays short has been closed in stop loss, -0.8% to deposit, which is almost nothing after last profitable long +6%. This was a siganl on 1h timeframe, which in my experience generates a lot of false signals. Now we have almost confirmes strong bearish signal on 4h.

Let's take a look at the BTCUSDT chart. Price is forming the divergence with MACD. I am waiting for the first decreasing column to open short trade. We have an additional confirmations. Price has printed two bearish reversal bars - in wave 3 and 5 with the great angulation with Alligator. I ignored the first one and paid attention to the second one. This bar has been already confirmed, but I want to see also the confirmation from MACD.

Best regards, Ivan
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