Bitcoin showing diamond top - possible reversal? Short

BINANCE:BTCUSDT480

Bitcoin / TetherUSBinance

Description

⋅ Jun 2, 2019 9:47 AM

The chart is pretty self explanatory.

Comment

⋅ Jun 2, 2019 9:58 AM

I forgot to note the declining volume and that the RSI has pierced the lower trend line. This indicates the RSI not likely to break above the upper trend line and is more likely to break below the bottom trend line again.