Elysian_Mind

Linear Regression "Short" 🔻 Bearish Divergence, Overbought RSI

Short
Elysian_Mind Updated   
BITFINEX:BTCUSD   Bitcoin
Linear Regression "Short" 🔻 Bearish Divergence, Oversold RSI

🔴 KEY POINTS:
- BTCUSD BTCUSDT Price is extremely overbought
- Price Action hit Linear Regression Technical Resistance
- RSI shows strong Bearish Divergence
- Chart Pattern: This Technical Indicator Variation worked 100% in the past

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Comment:
Our position is already in profit.
Don't forget to trail profit!
We expect a retracement and not a significant crash.
Comment:
If your trail profit took profit yesterday, this could be an opportunity for the next short.
There's a place for two shorts in this Idea.
We still expect to reach the Target box.
Comment:
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