TheSignalyst

BITCOIN POSSIBLE REVERSAL

Singkat
BITSTAMP:BTCUSD   Bitcoin
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on DAILY: BTCUSD is sitting around a strong resistance in blue so we will be looking for sell setups on lower timeframes.
and round number - all time high - 20k!

on M30: BTCUSD is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.

Trigger: Waiting for a momentum candle close below the gray area to sell.

NB: Until the sell is activated, this one would be overall bullish.

Good luck!

This analysis is done using RichTL
www.RichTL.com

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Penafian

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