jamiecassels

Looks like 1 More Leg Down SHORT BTCUSD

Short
BITSTAMP:BTCUSD   Bitcoin
Not a fan of this basing price action over the last few hours after the downturn yesterday. Judging by the price action and the RSI that looks like it just hit resistance, I think one more leg down is in order. I may take profits anywhere after the first horizontal line depending on how price moves but I think the 2nd line is in order at least. GL

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.