oli_bf

First signs of weakness for the BTC

Short
oli_bf Updated   
COINBASE:BTCUSD   Bitcoin
Short to ~20250 and ~19100 (keeping 10% for 18570)

Price is slightly pushing up in a rising wedge on decreasing relative volume (instead of doing a bull flag or flat consolidation)

On the bigger charts we've also hit a significant order block, this would make a double top

Both 20250 and 19100 are where the volume is on the volume profile, with a big volume imbalance between 18570 and 17500

To keep in mind there is still room for 4 to 5% to the upwards


Comment:
3D chart
Comment:
S&P hit the big res
Comment:
This is it, bear crab into the OB with a small overshoot of the 3D trendline to make the perfect bull trap
Comment:
Big divergences on the TSV for all timeframes, added short
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