BTC Short 1hr
BTC Short on the 1hr timeframe. Situation is currently neutral. If BTC reaches key level at .618/resistance then it will be wise to set up a short. 3-1 R/R ratio. There is bearish divergence on RSI and MACD is beginning to tick down, there might be enough momentum for one more attempt upwards.
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.