Trader_Johnni

BITCOIN Bullflag Completed!

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin looking Bearish on the daily.
- Daily Bullflag Completed
- Internal Measured Move Completed confirming Daily Resistance level
- 50k Psychological Level Confirms as Resistance
- MACD turning Bearish and Cross anticipated
- RSI overbought and showing Hidden Bearish Divergence signal

Note: Awaiting new Support level to be identified off Fib Retracement levels 0.236, 0.382, 0.5-0.618 or Former Resistance which is yet to be tested as Support.

What are your thoughts?

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