laclance
Short

Bitcoin ready to drop

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Price continues to make new lower lows with lower descending triangles and created a double top when failing to break strong resistance and current descending triangle line at 6800. RSI and OBV following the down trend of the price and the MACD is about to cross to the downside. Good opportunity for a short with T1 at 6200, T2 at 5800 and T3 at 5000 with stop loss just above 6800.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out