vcm11

WATCH OUT FOR TREND - SHORT BEFORE BULL RUN - RSI bearish

vcm11 Updated   
BITFINEX:BTCUSD   Bitcoin
RSI is losing strength (bearish divergence) so watch out for that, for me I'm out already and waiting for a retrace at some point to buy back.
So we could well retest the trend and do a retrace before the next bull run closer to August Bitcoin ETF decision.

We could go sideways till trend or move quick higher with less RSI strength then fall back so watch those stop losses.
Comment:
and another view
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.