Shamsan

BTC 15 min chart Technical Analysis

Shamsan Updated   
BITMEX:XBTUSD.P   Bitcoin
After the Head and shoulders formed at the top almost touching the final high Resistance since 26 Jun 19' @ 13920 (XBT)
Looking for this Bearish dump to be over and we are still in the Bullish channel towards new highs of last 2 years.
This means we might even see the 3 years highs soon.. stay tuned!

As we see there is PayPal coming in and many others will start getting in sooner better then later.
#BTC is now Safer for big companies than the traditional currencies.


**Disclaimer**
This is not a financial advice/service, this is pure self TA done by watching out for the charts and the patterns.

In short Do MORE of your own research before following anyone.
Comment:
#XBTUSD #BTCUSD #BTCUSDT

I took the short after the head and shoulders pattern formed confirming the Bearish divergence forming on the RSI and the volume was somewhat high.

I now closed 50% of the trade

Related Ideas

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.