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BlueJayBird
Jun 22, 2020 10:45 AM

BTCUSDT - Bearish Scenario Short

Bitcoin / TetherUSBinance

Description

- Testing again the 9460 area.
- As in previous days (See 1). Failing this area area, which is likely, could take the price to the 9270 area or below (8940). See 3.
- As you can see in the RSI indicator, BTC is strongly overbought is a short period of time, which could lead to a drop in the price. The price is not consolidated enough at current price. See 2.
- Also, the SAR indicator , shows that a change in the trend is likely to happen. See 4.
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