BTC ONGOING ABC CORRECTION Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ May 9, 2018 10:38 AM

1. Market consolidating bellow 200 D MA
2. Hidden bearish divergence on RSI
3. Market structure predisposed for ABC correction

ABC TARGET: 3,333 - 4,200

SUGGEST TO BE FLAT NOW,
BUILD SHORTS LATER IF WE DROP OUT OF CURRENT RANGE

Trend Analysis

Comments

WaveRider1423

⋅ May 9, 2018 4:21 PM

Thanks for your chart and sharing your ideas and point of view. Good luck trading.