not gonna waste your time. here are my reasons:
- weekly regular negative divergence
- a very important support is broken and the pullback seems to be completed
- RSI signal also broke a very important support
- RSI below 60 + MACD crossed for bears simultaneously (after a long time)
- the price action hasn't touched weekly EMA21 for a long time
so I'll be short on BTC from $54400
TPs: $45500 and $39K
SL: $56100
what did you say? Elon Musk? I don't trade based on tweets! :))
he will sell his bitcoins once they reach $100K and he can afford the time, I can't.
you shouldn't trade anyone's signal unless you understand it and believe in the same! I'm not paid for these things I say! so don't even think about them as a financial advice, as they are not! just expressing my thoughts to contribute with others, learn from their comments.
I only published this on my tradingview account and HIVE.