Bitcoin
Short

BTC USD

After closing my last BTC USDT short out yesterday at a good profit, may now already be the time to set up the next.

As you can see the 1hr Rsi and Fisher indicate a drop may be coming, price has also risen up nicely to the Supertrend resistance.

The 4 hour super trend is also in a down trend adding strength.

Will enter here around 11,430
Sl 11,700 way outside the super trend as btc likes to wick
Tp1 11,200 (50%) then move stop loss to break even as the potential downside movement could be huge if 11k support breaks.

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Bitcoin (Cryptocurrency)BTCUSDCryptocurrencyTechnical IndicatorstradingTrend Analysis

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