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reppac
May 30, 2018 6:10 AM

resistance, divergence and potential moon. 

Bitcoin / DollarBitfinex

Description

one heck of a lot of resistance here
RSI downward trend
CCI downward trends
The support was not fully tested
Bearish divergence on the 1hr and 15 minute intervals

I'd be surprised if this breaks through, but if it does, good momentum will be gained.

Personally I've taken some profits with reentries set up should the resistance breakdown.

Comment

Did not break through as expected.
Profits taken, ready for next entry point.

Trade closed manually

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