Trader-Mick

BTC SHORT USING RSI + TCT

Short
Trader-Mick Updated   
BITSTAMP:BTCUSD   Bitcoin
17
Price is currently in between the structure resistance zone also with 61.8 touch from previous swing high to low and there is RSI hidden divergence indicating bearish. We have a good potential sell trade if the price closes below 315.13, only then I would short it for longterm and hold it to 208.28 which is the retest of the previous low and 2nd target would be at 59.88. But Currently its bullish, its trading with higher highs, I am looking for a short trade.
Comment:

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.