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VladimirRibakov

Bitcoin Short Term Sell Idea

Short
Bitcoin (BITSTAMP:BTCUSD)  
VladimirRibakov  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Multiple Time Frame Analysis Bitcoin (Cryptocurrency) BTCUSD BTC SELL Bearish Patterns btcshort supportandresistancezones bearishdivergence bearishtrendpattern
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trendanalysis supportandresistance mtfa bitcoin btcusd btc sell bearish btcshort supportandresistancezones bearishdivergence bearishtrendpattern
D1 - Price respected a strong resistance zone and is bouncing lower.

Bearish divergence.

Price still has room lower towards the key support zone.

H1 - Bearish trend pattern.

Currently it looks like a correction is happening.

Until the two strong resistance zones hold my short term view remains bearish here.
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