TheDailyTrader_FX

BTC/USD 4H Bear BAT @ 3710.3

Short
TheDailyTrader_FX Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin has been bearish for the past 12 months and here is a good opportunity to short it again. Pair is currently setting up for bearish Bat pattern completing at 3710.3
If bulls pushes the price up towards this level then I will be looking for sell signal around this level on lower time frame to short it. Also looking for RSI to be overbought and diverging to confirm sell signal.
Order cancelled
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.