TonyCryptano

Getting on bear train

Short
TonyCryptano Updated   
BITFINEX:BTCUSD   Bitcoin
SymTriangle Structure + RSI bearish divergence on daily charts. CMF bullish divergence failed. Right now we are facing big selling pressure.

The price should stop on one of the supports. But if we drop properly, we can expect even 3k soon.

datamish.com/da...board/db/btcusd?refresh=20...
www.tensorcharts.com/

Use sentimental indicators to predict bottoms. Extreme bearish sentiment typically lead to reversals. In other words, playing in this casino, you should do exactly the opposite retail traders do. In order to win, somebody has to loose.
Comment:
Tax pay day in USA falls on 17 April. Will be pretty to see capitulation
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Trade closed manually

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