HawkEyE

DIRECTION?

Short
HawkEyE Updated   
BITMEX:XBTUSD.P   Bitcoin
As i said in my previous chart that we will get rejected around the 9860 region , we went upto 9885 and got rejected as our next 4 hour candle wick took us to 9469 which indicates that this level is acting as strong resistance. It is a S/R so that is the nature of it. We need a close above 9650 for any shot at taking on the resistance again , a close below 9,500 and we will likely test 9.1k again. I hope you guys are shorting it. Oscillators : MACD - Bullish , RSI - Bearish (Bullish above 50)
Trade closed: stop reached

PP
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.