$BTCUSD looking very weak on the 240TF. I remain short for now.

23 apr 2018

BTCUSD on the 240TF looks like it is getting ready to dive. Holding short positions for now. I see a bearish cross on the MACD and a move across the middle of the Bolliger Bands looks like a real possibility. Of course, if we can somehow manage to clearly break the resistance at around the 9200 area I would go long. Bearish for now. Go well.