btcfool

btcfool

Strong bearish divergence on 4H. Closing below $9800 would confirm trend reversal. Several supports on the way down depending on severity: short term channel bottom 9k resistance turned support one year support ($7250-$7500) descending channel bottom ($6500-$7000) With the strength of the bounce I am thinking that the low end supports will be hard to...

btcfool

Possible spike to ~$9300 but ultimately price will fail to break up through the descending trend line. The rejection of the descending trend line is likely to lead to a drop to at least the year support.

btcfool

Trading on MACD cross and SAR flip. Exit trades when Fisher crosses.