Bitcoin / TetherUS

BTC/USDT : Divergence on 1H timeframe, how to trade now ?

320
BTCUSDT
Hello everyone😃

BTC made a top flat triangle, and now its broken which makes BTC more bullish .
As we are holding above 15900$ Its possible for BTC to bounce more and touch 16600$.
By the way, As BTC trending into channel, we can hold our long position.

And now BTC have divergence on 1H timeframe, So we expect a retest on support line at 15950$ !!
Also Fear & Greed is 83 so it means it can crash every moment, So take position with tight stop-loss !

On indicators we have some neutral movement which make easier for BTC to trend on Both sides....

🔴 Don't take any position without stop-loss, If you want to take long position, Its better to wait for a retest at 15950$, If BTC pulled back then its safe to take another long.

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

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