BitcoinShort
BTCUSD short
Found support at the continuation of the parabolic arc that BTC is drawing at the moment.
Also started to define a channel, will see if it holds.
bearish divergence on Volume , MACD & RSI on daily.
Breaking the parabola and after that the channel can lead to a substantial drop and if the green levels don't hold the most substantial support we have is at ~6000$.
Inclining to a more bearish scenario at the moment for me ~80% bear.
Here to learn any feedback is good.
Also started to define a channel, will see if it holds.
bearish divergence on Volume , MACD & RSI on daily.
Breaking the parabola and after that the channel can lead to a substantial drop and if the green levels don't hold the most substantial support we have is at ~6000$.
Inclining to a more bearish scenario at the moment for me ~80% bear.
Here to learn any feedback is good.
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.