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TheLongBear
Mar 6, 2018 3:29 AM

BTC ready for a small correction?  

Bitcoin / DollarBitfinex

Description

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
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