Yurlo

6 HOUR STOCH RSI/OSCILLATORS SHOW SIGNS OF EXHAUSTION $BTC

Short
Yurlo Updated   
COINBASE:BTCUSD   Bitcoin
-Yurlo

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All eyes on the 6 hour $BTC chart, why?

Stoch RSI/oscillator's previously on the 4 hour started to show sell pressure, once 6 hour & 12 hour show sell pressure (currently showing signs of exhaustion) then i'm sure the slow bleed will pick up in speed and become a fast bleed under $10,000 USD.

I'm sure this was just a massive bull trap to create liquidity before sell pressure continues and picks up again.

I'll see you in hell under $10,000 USD probably today or tomorrow.
Trade active:

12 HOUR STOCH RSI SHOWS OVER SOLD/EXHAUSTION ~
Comment:
weekly and monthly are both red thanks for confirming my bias but best if luck cheers ~
Trade active:
hyblockcapital.com/s...ot/1599835400277.png

Open interest: on Sept 5th we broke a 6 month long uptrend (trend-line) that brought us from $3858 to $12472.

If the yearly top has been priced in, and knowing we've broken below the trend-line (support is broken) ~ i wouldn't be surprised if this move isn't over.
Comment:
in comparison to March 2020 ~ we've only seen a drop of $2,697 USD

In March the total drop was $6659 USD total. This means we've only dropped about 33% of the total amount previously seen in March of 2020.

I guess time will tell.
Trade active:
Losing $10,200 and it being flipped (s/r) should send us to $9950


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