BTC primed for a short
Updated
Criteria for short:
1.The RSI histogram is all over the sell signal.
2. Volume is leaning to the sell side, on the 4 and 8 hour charts we are seeing weak buying periods.
3. Rejection out of the 40k zone is now apparent.
I will keep this updated.
Am looking for BTC to retrace to at least 37.5k and as low as 34k
Check below for other ideas of mine.
1.The RSI histogram is all over the sell signal.
2. Volume is leaning to the sell side, on the 4 and 8 hour charts we are seeing weak buying periods.
3. Rejection out of the 40k zone is now apparent.
I will keep this updated.
Am looking for BTC to retrace to at least 37.5k and as low as 34k
Check below for other ideas of mine.
Note
this one worked like a charm
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