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GrumpyLondoner

Bitcoin Short (Higher Time Frame)

Short
Bitcoin (BITSTAMP:BTCUSD)  
GrumpyLondoner  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Entry $5776.5.

Daily RSI looks exhausted.

Price looks to test the orange trend line around $5300.

If this fails to hold we could see for a return to $4700-$4900 region.

If $5800 is reclaimed $6400 is on the horizon.


Sell the news.
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