Cryptalkdaynight-K

1H BTC for short-term opportunity P/L ratio of 1:4.6? Divergence

שורט
BYBIT:BTCUSDT   BTCUSDT SPOT
1H BTC for short-term opportunity P/L ratio of 1:4.6? Divergence

Hi, here is CRYPTALKDAYNIGHT. I'm K.

Trading logic
1. The big time zone is the downward trend of Lower low. The bookmaker has now swept the first SL of the shorts and is looking for an appropriate fallback.
2. The most perfect place for the correction is 0.618, so the opening price should fall at the 4H rising average price and 0.168.
3. Currently walking a bearish rising wedge, and there is a dead gap and divergence in the MACD. Can be shorted on rallies!

Short-term opportunity
Entry : 22828( 22622 - 23034) Demand Zone
TP : 18445
SL : 23754

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