Short before the 50k

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After 40 % rally over the three last weeks the probabilities for a good short on BTC are rising.

RSI is over 80 indicating over bought situation, MACD already rised largely and could be cutting the signal line soon.

More over the chart pattern are not favorable for a new pump

NErvetheless patterns indicate that 50k dollars can be reached before the begin of Q2 2021


Trading plan would go as followed

Stop Loss : 47 400
Support : 46 600
Target: 43 000
Trade geschlossen: Stop wurde erreicht
Lost for this time
Chart PatternsTechnical IndicatorsTrend Analysis

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