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Johnsnow_CK
May 26, 2020 3:25 AM

Another Falling is coming with BTC Short

Bitcoin / TetherUSBinance

Description

Hi traders,

Correction wave is going to the end, I am waiting for a RSI bearish divergence in M15. In here, BTC is blocked by a resistance 8950~9k.
Therefore, I think that another bearish wave is coming to sink BTC to the previous Low, which would be a critical level. Let's wait and see!

Happy trade!

Comment

RSI Bearish Divergence appears as my guess!

Trade closed manually

Comments
OxEconomist
I think they are going to fill the CME gap at 9.1K and then a drop.
Johnsnow_CK
@kenshintani, It might happen, but I dont know when.
Johnsnow_CK
@kenshintani, Gap is filled, Did you have a good trade with this plan?
I changed plan to a Long trade and take profit!
OxEconomist
@Johnsnow_CK, yeah great trade. On Friday CME futures expiry date which could lead to high volatility. My guess the gap at 7.6K will be filled next, but this week we might see a final pump before dump. I am now waiting for a couple days to short BTC.
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