Short

I short btc

Bitcoin is at diagonal resistance in this overall descending triangle pattern. There's also some 4 hour bearish RSI divergence. If it does break down, I'm targeting the 200 DMA at around 7800. Buuut, a breakout here into the 11000s, to me, would mean a change back to a bullish trend. I'm still sending the short trade #effthehaters

Also, started using rotated rectangles instead of trendlines. They give more margin for error :3

Strictflow

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.