allkrystals

BTC Correction

Short
allkrystals Updated   
COINBASE:BTCUSD   Bitcoin
BTC-USD
Bitcoin price is close to strong resistance area - $18,200-18,700 and fib @0.618 where a upcoming correction may happen.
Rising trendline at price chart is holding well, but may be broken soon.
RSI is in similar state, where trendline has been tested multiple times and approaching resistance @70+ may change a trend to downside.
Order cancelled

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.