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BTC Downward Pressure
Bitcoin
Short
BTC Downward Pressure
By A1phaBoss
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Updated
Jul 30, 2018
2
Jul 28, 2018
-MFI and RSI are showing Bearish Divergences on the Daily Chart. It's been a few days here since this, so confirmation has arrived.
-TD Sequential created another 9 here showing 2x the resistance from another old 9.
.618 Fibonacci Zone showing moderate resistance.
Target is 7400-7600 Area
Stop Loss is 8400
Jul 30, 2018
Note
200 Daily Moving Average is also getting very frisky with price. Monitoring
Aug 1, 2018
Trade closed: target reached
Chart Patterns
Fibonacci
Trend Analysis
A1phaBoss
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