I let the charts do the talking
Note
Bear flag
Bearish divergence with volume.
RSI stoch going down on daily
Wave 2 ABC correction on elliot wave theory
Multiple imminent resistance lines
Looking at this as final push down to maybe $8200 USD.
I am shorting here, but keeping my overall long position
8000-8400 will be a great spot to buy more bitcoin
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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.