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Bulls should be cautious: Bitcoin facing lots of resistance

Short
Bitcoin (BITMEX:XBTUSD.P)  
oshell  
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis BTCUSD BTC
5
0
trendanalysis btcusd btc
Sell signals:
- 1D 50EMA
- longterm downtrend on log
- 4H horizontal resistance at 8600
- 4H RSI overbought
- 4H bearish divergence
- 1D RSI at 60 failed in the past
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