Short
The moment is coming, not quite there just yet.
Stochastic and RSI are beginning to diverge as seen below on the one hour chart. While the the indicators are also moving into over bought on the higher time frames, divergence has yet to set in. Be careful if looking to get short, BTC might have one more power move up before divs set in on daily and four hour and the resulting move down.
Note
Watch this point on the four hour.
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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.