duffff

BTC looking exhausted - heading down?

Short
COINBASE:BTCUSD   Bitcoin
Not advice in any way.

Similar structure developing to what happened last time when approaching the down-sloping resistance.

BTC fell below the upsloping trent line.
RSI and MACD bearishly divergence developing.
61.8% retrace resistance.

I can't see this breaking up and staying up. Stop loss is quite tight, might need to watch out for a blow-off top before dumping.

Clause de non-responsabilité

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