BTCUSD SHORT-TERM MARKET CONDITIONS

It has been a while since my last post.

We have had a busy quarter on the fund, given current volatility and bearish trend.

For the last week, we have been focusing on short term trades.

In the BTCUSD pair (1H) after a bullish divergence occurred in both 4H and 1H chart (blue lines), market seems to be out of steam.

Now, a bearish divergence can be spotted, ideal for trading through the Fibonacci levels. Also a falling wedge in the 15m chart confirms this trade.