BTC Short Trend
Many parameters make me think we are Short:
- Low Volume (decrease since december 2018)
- RSI overbought
- 0.382 fibonacci at 3625$. We fall exactly on the grey oblique support.
- Not enough volume for breaking the strong resistance created since 2018, 30th April (blue line)
Try my script : Short Free Indicator for Bitcoin/USD
Cheers!
- Low Volume (decrease since december 2018)
- RSI overbought
- 0.382 fibonacci at 3625$. We fall exactly on the grey oblique support.
- Not enough volume for breaking the strong resistance created since 2018, 30th April (blue line)
Try my script : Short Free Indicator for Bitcoin/USD
Cheers!
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Related publications
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.