Psydseter

BTC 4 hour.. dont fomo inn, wait for confirm

Short
BITFINEX:BTCUSD   Bitcoin
You are now thinking, wow btc are on a bull run, and i most not trade against the trend, but the answer is that this is a good place to sell, before a confirmed breakout.
why you shud sell : Rsi stoch and rsi are overbought on 1 2 3 4 hours and daily. The Ew traders talking about the last 5th BIG wave down. BTC are now hitting the roof on the the trendline,, and it looks like a super big descending triangel that have a bigger % to go down.

why you shud not sell : weekly rsi and stock are still on a bull run , and btc can still have a small wave up before a retracment. if we break this roof trendline, btc are gonna get a great support on 7800-8000

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