ETC/BTC 4H Bearish div. everywhere, ascending wedge, short?
Aggiornato
Couple of bearish indicators on the ETC/BTC signalling a short-term short?
1. Bearish div with RSI and Stoch RSI
2. RSIs are overbought
3. Ascending wedge
4. Low volume on last candle
I would place a short here with stop loss at above 141k sats.
Last exit would be 110k sats for me.
1. Bearish div with RSI and Stoch RSI
2. RSIs are overbought
3. Ascending wedge
4. Low volume on last candle
I would place a short here with stop loss at above 141k sats.
Last exit would be 110k sats for me.
Nota
Next moves maybe like that? So either way, maybe a quick short to 11.6k with tight stop-loss above the descending red resistance at 12.4k. Once at 11.6k let's see where it takes us.
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