$BTC 4H
The previous post was about growth and its goals. And voila! Bitcoin rose all the way to the highest target, reaching a maximum of 28484. Congratulations to everyone who made money on this pump!💶
Shorts already?🔻
Not yet! I haven’t entered a global short yet. If you look at the situation from the point of view of short time frames, a decline suggests itself. However, I see it as a local correction, since higher timeframes do not yet indicate a reversal.
What am I waiting for?
The 4-hour candles are quite overbought, so combined with the situation on short timeframes, I am expecting a correction. At least to 28100, perhaps even 27800 (EMA-20 1h passes there). The high probability of correction is confirmed by a clear bearish divergence on the hourly clock (I will attach an image under the post).
From there, I’ll most likely think about opening a long position, but the situation is precarious and there’s no point in flirting with growth expectations.
If you want to take a small short at the moment in anticipation of a correction, then be sure to place a stop! Since if the maximum is updated, they can take it to 29,000.
Also, I analyzed current scenarios in tg and on the YouTube channel, be sure to watch it if you haven’t seen it yet!
Your Mark
The previous post was about growth and its goals. And voila! Bitcoin rose all the way to the highest target, reaching a maximum of 28484. Congratulations to everyone who made money on this pump!💶
Shorts already?🔻
Not yet! I haven’t entered a global short yet. If you look at the situation from the point of view of short time frames, a decline suggests itself. However, I see it as a local correction, since higher timeframes do not yet indicate a reversal.
What am I waiting for?
The 4-hour candles are quite overbought, so combined with the situation on short timeframes, I am expecting a correction. At least to 28100, perhaps even 27800 (EMA-20 1h passes there). The high probability of correction is confirmed by a clear bearish divergence on the hourly clock (I will attach an image under the post).
From there, I’ll most likely think about opening a long position, but the situation is precarious and there’s no point in flirting with growth expectations.
If you want to take a small short at the moment in anticipation of a correction, then be sure to place a stop! Since if the maximum is updated, they can take it to 29,000.
Also, I analyzed current scenarios in tg and on the YouTube channel, be sure to watch it if you haven’t seen it yet!
Your Mark