Sc084667

One more trip down to $1700 area before any rally

Short
Sc084667 Updated   
BITMEX:XBTUSD.P   Bitcoin
Declining volume, Stoch turning down and banging into the daily trendline all tells me we are heading down. Hold on!
Comment:
Way too much hopium out there still. I dont think we have come close to seeing true panic or blood in the streets yet. Everyone still calling moon and 1000xs all over the place. Time for a reality check.
Comment:
Updated look. Downside Imminent. Wick or no wick that is the question....

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.