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MikulovicFOREX

Bitcoin: 1D

Short
Bitcoin (BITMEX:XBTUSD.P)  
MikulovicFOREX Updated   
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Support and Resistance Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD XBTUSD support hiddendivergence
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trendanalysis supportandresistance chartpattern indicator bitcoin btcusd xbtusd support hiddendivergence
''SELL MARKET ORDER''

Why sell?

  • 0.618 retracement in 1.618 time
  • Previous support now shows resistance at the 0.618
  • Trendline resistance
  • RSI-hidden divergences

Good luck to everyone trading bitcoin!
Comment:
All though I do not expect prices to rise, there is an alternative set-up on the chart. I am ready to track this chart and excited to see what happens.

snapshot
Comment:
A quick glance at the 15 minute chart:
snapshot
Comment:
Initial profit objective for this set-up is located at $8932

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