veerakumarnice

Shock Awaits for Bulls

Short
veerakumarnice Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC Weekly RSI overextended, Daily RSI showing bearish divergence. Bears will gain control and the dump is expected to start at the beginning of July/August. Would take months to retest bottom. Enjoy the ALT rally in between. Money Awaits.
Comment:
The setup will only be invalidated when btc breaks the angle 8/1 on the upper side. If not broken upside before june mod week momentum would slow down and revisit bottom
Order cancelled:
BTC breaks on the upside of the angle. hence trade closed.
Comment:
Entering on pullback
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