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Cryptocure
Apr 24, 2019 7:49 AM

BTC overbought, highly likely correction is coming Short

Bitcoin / TetherUSBinance

Description

The price of BTC shows a bearish divergence looking at the RSI. Combined with the high, overbought value of the RSI, a correction should soon be coming. Furthermore, the price level BTC is at right now is just below the very strong resistance zone at $5750-$6000. These things combined provide a relatively certain signal that BTCUSDT will drop down a decent bit.

Comment

Let's say it's just a slight fakeout...
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