Chloster

BTC/USD possible retracement

Short
COINBASE:BTCUSD   Bitcoin
Taking a quick look at the BTC/USD H4 chart it appears there may be a slight retracement to the low 3800's and probably a sweep of the lows going into the weekend before a bigger move happens, here is the highlights.

- Bearish Divergence
- MACD Bearish Crossover
- S/R trendline + 4000 barrier close proximity
- Accompanied by a decreasing volume

Cheers,
Chloster

Medium Article on Shakepay link.medium.com/2ciSRKvEtU

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.