bromandan1337

Price rejected on decreasing momentum and lack of horizontal vol

Short
BITFINEX:BTCUSD   Bitcoin
$6.780 rejected 14 times from lack of volume at that level.

Weakening vertical buying volume and indicators showing decreasing momentum on the 4h.

Despite the Bull Case showing good buying opportunities, they rely on detecting reversals. There are more wrong reversal calls than actual trend reversals.

SHORT.

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