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CryptoGearBox
Jan 25, 2018 3:14 AM

Bulls Exhausted, Volume Decreasing, and Stoch RSI Overbought! Short

Bitcoin / DollarBitfinex

Description

This is the 4 hour chart and the bulls look exhausted on this push. The TD Sequential count is at 9, which is a strong indication that a new one will emerge! Given the decreasing volume and Stoch RSI it is much more likely a reversing TD count is in play as opposed to a new bullish count.

Trade carefully!
Comments
jgt2803
Agreed share a similar view
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