BTC BEARISH ENGULFING AFTER FOMC
Yesterday I said on daily TF, bearish divergence since 20 Jan.
BTC didn't reject after FOMC, BTC got a rejection after it hit its resistance.
Look at the charts, not the news!
We just had a bearish engulfing on daily close.
If you think it's a good idea to long at resistance on the back of a bearish divergence, go ahead.
What if BTC dumped?
I only do spot trading, so the next levels to DCA enter market will be at 0.382,0.5 and 0.618 fib levels.
25k , 24k, 23k , and 20.3k being the last level barring any black swan events
Like, share and comment if you like my idea.
BTC didn't reject after FOMC, BTC got a rejection after it hit its resistance.
Look at the charts, not the news!
We just had a bearish engulfing on daily close.
If you think it's a good idea to long at resistance on the back of a bearish divergence, go ahead.
What if BTC dumped?
I only do spot trading, so the next levels to DCA enter market will be at 0.382,0.5 and 0.618 fib levels.
25k , 24k, 23k , and 20.3k being the last level barring any black swan events
Like, share and comment if you like my idea.
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