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K-Crypto
Nov 1, 2020 6:13 AM

BTC start to show weak on 2nd attempt  Short

Bitcoin / TetherUSBinance

Description

BTC Since 2017 ATH its 2nd attempt to reach 14K $ area which most chances to be reject on 2nd attempt potential to decline to 12.2K area if not hold then to lower channel .

Price/candle touching strong upper trend-line
Stoch RSI over bought
MACD negative sign
BTC dominance % potentially will be back to 60% give space to Alts

Comment

4Hr time frame
consolidation between 11500-12700 $ for some time then bull run

Trade active

reached the green box again now its time to drop

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