Sovryn_Matt

BTC 1 hr chart. Hidden bearish divergence.

BITFINEX:BTCUSD   Bitcoin
Resistance at the bottom of 1hr Gaussian channel. Very little buyers stepping in currently. Volume dead. So far my bearish thesis has been playing. If we breakout this descending parallel channel then i will take some profits off the table and reevaluate.

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.