onemanatatime

Bullish market losing steam; Bears waking up. Reversal imminent.

Short
BITSTAMP:BTCUSD   Bitcoin
The $683 - $618 candle shows the highest volume bar since the rise beginning from $440. Could this be signs of a reversal?

However, let the charts speak for itself. Allow the current shockwave to play out, and look for a break in structure, and increased market participation. Keep a close eye on the charts.

Scalp opportunity on the next breakout's shockwave.

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.