Bitcoin
Short

BTC Short

By DSG129
No RSI divergence, low volume. BTC does not have the strength to go up. Long term picture is Bearish. MACD has divergence on 1hr along with crossover, but so far not enough evidence to suggest a reversal of any type. Price is nearing support zone. Given the evidence, continued decline is to be expected, an 0.8% loss 3-1 R/R makes this trade a no brainer.
BTCUSDChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer