BTCUSD - Not Quite but Almost a Good Time to Set a New Short
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Channel is getting a bit wide but it's reaching for the resistance..highly doubtful that it will break through. Pretty much the same setup as my ETH chart a few minutes ago, but left this one in log scale. Currently at the end of a false bull flag in the short charts, I call this sideways death cycle "flopping around like a fish out of water".
Nota
This little pump over 8,100 should be the last gasp for this resistance bump, set your shorts!Nota
Nota
In above image, notice the RSI downtrend and the lack of volume to support the little one hour pump..approaching the resistance in this scenario is not supportive of a solid .. or any.. break thru of the resistance.Dagangan aktif
Nota
Bounced .. my placements might not be perfect.. but neither is the market :)
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