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Alexrich3
Sep 17, 2020 6:37 AM

BTC - Possible pullback incoming. Short

Description

h4

OBV is at trend line resistance, has also printed a lower high while price made a higher high(bearish divergence) and MA has flashed a sell signal.

Stochastic indicates sellers have momentum

RSI appears weak and MA has flashed a sell signal.

4h candle closed a Gravestone ish shooting shar ish rejection candle.

I am scalp short, but looking to long 10.5, although a deeper pullback is possible as you can see by the last two occurrences we had with similar conditions.




Comments
PolarHusk
GreatWork
Alexrich3
@PolarHusk, thank you bro I appreciate it! It was the first chart I’ve ever shared on here; considering perhaps beginning to share my thoughts more frequently now
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