On this 4 hour chart there is a bearish divergence in the RSI, also btc is pushing against a declining trend-line.
On a 1 hour chart you can see a nice triangle in the price for the last 8 hours and a nice declining volume for the last 8 hours. I am expecting a small/big dump in the short term. Target 6200 in the mid term.
On a 1 hour chart you can see a nice triangle in the price for the last 8 hours and a nice declining volume for the last 8 hours. I am expecting a small/big dump in the short term. Target 6200 in the mid term.
Note
short term target 8100Trade closed manually
Going up again, closing shorts.Trade active
Re-opened short position at 8800Order cancelled
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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.