Nearly coming short! but not yet for BITSTAMP:BTCUSD by FantasticFox

trendanalysis btcusd btcusdshort btcusdforecast

The chart shows the way down for BTCUSD in near future. However, you need to wait for the breakdown of the channel. As you can see on the chart, MACD and RSI also seem that are forming downward channel. Please wait for price and MACD to form their channels completely and then break them.

Please comment to correct my idea ...

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.