daftjunk

BTC short drop incoming?

Short
daftjunk Updated   
COINBASE:BTCUSD   Bitcoin
Looking like we're switching from uptrend in momentum and rsi to a downtrend. BTC could go back to 7/6500. I won't be closing my long just yet.

I think we're likely to see a healthy bounce from there, I've closed some short positions and preparing to add some longs if this trend plays out :)

Follow at your own risk, I'm just going off of my gut and a little TA

Comment:
Clearly l&s disagree with me :)

Thanks to @keystone for the script
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.