maxgarzo

Rerversal at 252.71

Short
BITFINEX:BTCUSD   Bitcoin
3
Expecting a reversal of BTCUSD at 252.71 (Line A) if RSI crosses 46 and DI- beats 44 crossing the trendline from a daily low of 250.20. Price action has remained below MA14 for the last two periods, offering some strategy validation of closing below MA.

If the indicator conditions above are met and price closes below "A", this could be a solid reversal.
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