CryptoIQ

Bitcoin ($XBT) scalp short idea (1% risk)

Short
BITMEX:XBTUSD.P   Bitcoin
Bitcoin is a bit overextended and is showing signs of bearish divergences at high time frame resistance. There are equal lows that look ripe for the taking just above $3.8k that I believe we will head down and take out before moving higher.
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.