quick short xbtshort term
divergence & resistance
short at next failure of $6900
stop at $6950 exit at $6700
Xbtshort
XBTUSD - Very bearish short term
Shorting volume has been on the rise in the past three hours
RSI downtrending with no sign of a reversal
MACD crossover very unlikely
Crossunders on the EMAs
The faster MACD (EMAX Histogram) looks like there may be a dead cat bounce before the final drop. It can also indicate an underlying reversal trend, but when the indicators are this bearish it seems to be a mistake.
