BTC-short based on previous resistance
I think this is a short opportunity based on the following:
previous resistance
trend line resistance
RSI reaching overbought
So place a close stoploss slightly above the resistance and try a short position. If it goes per plan try to cashout near the 100 or 200 ma .
previous resistance
trend line resistance
RSI reaching overbought
So place a close stoploss slightly above the resistance and try a short position. If it goes per plan try to cashout near the 100 or 200 ma .
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.