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QubitLife

Bitcoin: Short Sale Possible (15.09.2020)

Short
Bitcoin (BITFINEX:BTCUSD)  
QubitLife  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns BTC BTCUSD btcsell btcshort btcusdshort btcusdsell btcusdlong btclong
97
5
trendanalysis harmonicpatterns chartpattern btc btcusd btcsell btcshort btcusdshort btcusdsell btcusdlong btclong
On D1, the cloud is directing downward, indicating a downtrend.
On H4, the price rises, which indicates the formation of a local price correction. In addition, the RSI reached the overbought level, which may indicate the end of the price correction.

We recommend selling now and placing a stop loss at 11200.

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