ChartCinema

BITCOIN 2019-01-17 - Bearish Divergence on 4 Hour

Short
COINBASE:BTCUSD   Bitcoin
Bitcoin may be in a Distribution Stage of the Market as Price has tagged the $9,000, but momentum of the RSI is decreasing in power.

This is Bitcoin, so it can just pump to $9,400 out of nowhere. I'd be safe and trail your stop loss tighter.

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.