keifer

BTC/USD Short

Short
keifer Aktualisiert   
BITFINEX:BTCUSD   Bitcoin
Hello Friends,

As seen on this chart, BTC looks to be making a new low.Yet we will see if this plays out when BTC hits main support. Stop loss just above support if you see this going down towards target. I can say that this will most likely happen given the fact that the weekly RSI isn't done moving down.

Just a reminder, we will most likely see BTC bounce on the smaller TFs; around main support and up towards 8120 and possibly higher, this most likely will happen throughout the next few hours, then down.

Details on the chart.

Cheers!

Kommentar:
This just now has developed.
Kommentar:
If this double bottom plays out. It would be a great opportunity for a short, if caught in time.
Kommentar:
That double bottom isn't gonna play out. Have a bearish RSI divergence on the 15 minute.
Order storniert

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