$BB Bearish Trend Continuation❗️❗️
Short $BB ⛔️⛔️
$BB has an ADX > 30: This shows that the trend is strong and it has a Hidden Bearish RSI Divergence.
This suggests that while price might be retracing slightly, the larger downward trend is ready to resume.
To ensure I am not catching a falling knife or fighting a recovery, the price is structurally bearish as price < MA50, MA100, and MA200 and also MA50 < MA200: The Death Cross alignment ensures the long-term trend is firmly in my favour.
This is not financial advice. DYOR