Options360

Bitcoin bearish cross

Short
Options360 Updated   
COINBASE:BTCUSD   Bitcoin
Bitcoin bearish cross on the 4-hour chart piRSI indicator. I'm publishing this as short based on probability, of course anything can happen up, down or sideways today. However, it is important to realize $17k area can be retested in the days and weeks ahead. Plus, obviously Fibonacci moving averages SMA55, SMA89, SMA144 & SMA233 had a bearish cross on June 12th but that's more of a lagging indicator. Here's levels on the TTC triangular trend channel indicator:

breakout = 24,009
R3 = 23,182
R2 = 22,354
R1 = 21,526
pivot = 20,698
S1 = 19,870
S2 = 19,042
S3 = 18,214
breakdown = 17,386

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Comment:
BTC Update 4hr chart:
Comment:
BTC 15 minute chart showing a probable bounce the next 2hrs:
Comment:
Bitcoin could possibly hit $27k

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