BTC - Daily bearish divergence + resistances = going short
Updated
Dear friends,
Looking at the larger picture it's currently making me more cautious about BTC right now.
Let's have a look at the Daily chart:
- RSI at 0.618 resistance
- Bearish divergence
- Price at multiple resistance and exhausted on shorter 4h TF
My short target is $6,800 for now.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
Looking at the larger picture it's currently making me more cautious about BTC right now.
Let's have a look at the Daily chart:
- RSI at 0.618 resistance
- Bearish divergence
- Price at multiple resistance and exhausted on shorter 4h TF
My short target is $6,800 for now.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
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