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Kdomincio7
Sep 11, 2018 3:14 PM

Bitcoin (9/11/18) Bearish Short

Bitcoin / US Dollar IndexBitMEX

Description

Caught myself an easy short. took profit on 50% of my position @ $6200. Currently resting above the .236 Fib level. Three black crow formation if we close below $6257 which is a bearish formation leading me to believe we will more than likely drop lower. MacD on the 4hr is ticking down and a lower high possibly forming on the rsi unless we see some significant buying volume. Next target is $5880 if we do continue to drop.
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