tigerpause

XBTUSD BTCUSD quite a few bearish looking signs?

Short
BITMEX:XBTUSD.P   Bitcoin
1) Losing momentum challenging the 12H 200 EMA
2) Losing momentum challenging the 1D 100 MA
3) Losing momentum challenging the 4H 50 EMA
4) Bearish continuation pennant forming - see red dashed lines
5) Potential mini head and shoulders pattern forming on the 1H
6) Potentially constrained by the RSI arc (totally speculative - something i've been toying with today)

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