infbp22

BTC update

Short
infbp22 Updated   
KRAKEN:BTCUSD   Bitcoin
Hello everyone. I'm considering a short just under 7700, maybe start laddering in around 7650ish. Too much confluence if resistance in my opinion. Approaching the top of the daily cloud, approaching daily 200 EMA, At pivot R1, ascending resistance ray, volume declining, momentum oscillators losing steam, TD sequential at 7. Also, RSI hasn't made it into oversold on the daily since December.
Comment:
So much for that. BTC is a beast!
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