Short

BTCUSD still bearish

Updated

8th 12h red candle in a row
bearish RSI and OBV divergences
low buy volume

Supports in orange, may think to go bullish if breakout green line.

Note

Currently seems more bullish, breakout in progress, at green line level.

Note

Was just another swing.
Bearish confirmed with a new low since 17200.
Bounced on support as expected.
Will try to update scenario later today.

Note

No more bearish divergences.
Had a first 12th green candle.
Pay attention to the ~14k resistance, trend reversal may come but has to be confirmed.
Hope we'll be bullish soon.

Trade closed: target reached

2 new lows.
No market seems to reverse.
Will probably go long soon...

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