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njmanura
Jul 10, 2019 12:30 PM

Technicals indicate pullbak 

Bitcoin / U.S. dollarBitstamp

Description

Contrary to popular bullish sentiment, technicals indicate weakening of bull strength as this is approaching 0.618 fib. I may be wrong and Bitcoin could go to 16000$, This is bitcoin after all.
1. Bearish divergence in RSI
2. Volume is decreasing.

I have closed all my long positions and waiting in the sidelines

Comment

Don't go short
Comments
Bullandbeartrading
Nice one buddy !
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