thegio

Higher high - lower low

Short
BITFINEX:BTCUSD   Bitcoin
Dear Crypto fanatics,

here we are, nice come back of the BTC, the market is happy and the traders are making money, yeaahh!

Now we need a small settle to consolidate the possible bullish trend, as you can see we have an higher high with lower low on volume.
The number of shorts and margins are increasing and the RSI is diverging. That's the perfect setup for a short trade.

Stay tuned and like, share comment if you enjoyed the TA.

*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!

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.