BTC has got pretty close to the top RSI band, market cap is steady in the 610-640b range but still edges closer to the 600b mark. If it were to fall off and downwards of 600b I think we’d see an even bigger fall off in BTC.
MACD had just crossed over at a high volume and looks like its about to have a sharp drop.
The divergence looks pretty bearish too.
Lets see how it plays out, I’ll update as we go.
But for now I think the targets I’ve set are safe.
A - If price breaks out above 13100 close the short.
Remember this is only a TA and I’m not a professional, don’t blindly follow anything I publish.
MACD had just crossed over at a high volume and looks like its about to have a sharp drop.
The divergence looks pretty bearish too.
Lets see how it plays out, I’ll update as we go.
But for now I think the targets I’ve set are safe.
A - If price breaks out above 13100 close the short.
Remember this is only a TA and I’m not a professional, don’t blindly follow anything I publish.
Trade active:
We've hit target 1, and over all market cap is still shrinking.
Trade closed: target reached:
Target 2 hit. And the bet is closed.