Okrakel

Double Top again???

Short
COINBASE:BTCUSD   Bitcoin
I remember the last time we had a steep rise, everyone got bullish and then rejected by the double top.
Does not have to repeat, but possible.

- low volume at the 9k resistence
- daily Stoch RSI overbought
- MACD cross on 4h
- many red volume bars on lower timeframes
- rising wedge

Think we need more downside to start a new bull run.
Could also go up, BTC doesn't care about TA anyway ;)

No financial advise, trafe safe.
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.