TheLongBear

BTC ready for a small correction?

TheLongBear Updated   
BITFINEX:BTCUSD   Bitcoin
BTC got rejected by the resistance at 11667.
4H chart analysis:
  • Stochastic RSI bearish crossover in both 4H and Daily chart
  • ADX and DI heading towards bearish crossover
  • Parabollic SAR detects downtrend
  • Broke bearish fractal level
  • About to break Kijun-sen of Ichimoku
Comment:
Looks like we are heading towards 10216 maybe even 9429.
Comment:
Let's hope it does not fall below 9429
Comment:
New post is up. Won't be updating this one

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.