Technician
Short

BTCUSD Forecast: Shorts Favored

BITSTAMP:BTCUSD   Bitcoin / Dollar
1902 2 21
Update: Trade is active

This is a hypothetical trade.
However, Technically, a trend following trade looks imminent.
  • The overall trend remains bearish
  • The retraced towards the main falling trend line
  • and 50 percent of the latest bearish wave
  • Another key horizontal high is at 310.00.
  • RSI near overbought
Having that said, odds favor a short position.

http://thefxchannel.com/ , vote and subscribe
We are finally LIVE https://thefxchannel.com
This trade should be active if i was trading bitcoin :)
-1 Reply
Absolutely - Unless it passes 310, Nothing really changed on the direction.
+2 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out