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evntdra

BTCUSD not looking good.

Short
Bitcoin (BITFINEX:BTCUSD)  
evntdra Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) Cryptocurrency Descending Triangle support Support and Resistance
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trendanalysis chartpattern indicator btcusd bitcoin cryptocurrency descendingtriangle support supportandresistance
On the 4 hour chart, we could see:
- Bearish divergence on Stochastic RSI.
- Descending triangle.

We could expect BTC/USD to go down.

Disclaimer: This is not a finance/trading advice.

Good luck to you all!
Comment:
Short term upside for BTC/USD

snapshot
Comment:
3 possibilities:
-failed rally and continue to go down
-break through the downward resistance but failed the 4500 resistance
-break through both resistance and go to the 4800 level

snapshot
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