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fnneves
Mar 4, 2018 4:49 PM

BTCUSDT next days analysis Short

Bitcoin / TetherUSBinance

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I'll try to keep this idea updated over the next few days. I think there is strong resistance at 11.5k, and if it doesn't break in the next few hours, I think we'll go down a bit for a few days probably testing 10k again.

Using the BB we can see we reached the upper band, so the next few hours will determine if the bulls are feeling strong or if they need a break.

MACD is a little bit uncertain, but if we don't see serious bull volume, I think MACD will become a very clear bear signal.

RSI also shows signs of overbought for the last day.

#BTC BTC

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Although we've been close to 12k, we didn't make it this time. Will the bulls have strenght in the next hours?

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Back in 11.3k

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And we're back under 11k

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probably gonna test 10.5k. whether it stays there for a while will show us how bulls are feeling

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curious to see how this candle closes

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Feels like we're trapped inside the 9k-12k channel! We tested 9k again today, after the VIA-gate in Binance
Comments
fnneves
At 11.5k at the moment. I'll wait to see if the bulls have what it takes to take it to 11.8k. If it starts failing to break resistance, i'll sell and rebuy cheaper around 11k or lower
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