Bitcoin
Short
Updated

Bitcoin: 1D

213
''SELL MARKET ORDER''

Why sell?

  • 0.618 retracement in 1.618 time
  • Previous support now shows resistance at the 0.618
  • Trendline resistance
  • RSI-hidden divergences


Good luck to everyone trading bitcoin!
Note
All though I do not expect prices to rise, there is an alternative set-up on the chart. I am ready to track this chart and excited to see what happens.

snapshot
Note
A quick glance at the 15 minute chart:
snapshot
Note
Initial profit objective for this set-up is located at $8932

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