AminHa4

Range but down trend is coming

Short
AminHa4 Updated   
BITMEX:XBTUSD.P   Bitcoin
As you can see rsi is in descending symmetrical triangle, macd lower than axis line, ma's acting like dynamic resistance, cup and handle still possible.
So I recommend you to wait and see rsi movement between resistance and support line, and also breaking or reactions to 9550 and 9600.
Above 9650 means up trend is activated, below it, still down trend ...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Trade closed manually:
9500 to 9300
I closed my trade because it took so long ...
Its a big range and I don't want to pay commissions for nothing.
Good luck guys I got profit again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.