SHORT Shorting BTC/USD on bullish trend that is OVERBOUGHT on
BTC -1.21% has been going on a rally from the previous correction caused by BCASH FUD and Segwit2x correction. Prices are bouncing off the neckline of the previous head and shoulder and needs a heavy volume to approach all time high. Volume is diminish and prices are in at resistance.
A head and shoulder pattern appears to be forming and a move down is expected.
Entry: $7243
STOP LOSS: $7400
EXIT: $6834
A head and shoulder pattern appears to be forming and a move down is expected.
Entry: $7243
STOP LOSS: $7400
EXIT: $6834