BTCUSD SWING SHORT

2022년 8월 20일

BTC on the weekly chart is in a persistent downtrend for this year.

In recent weeks, a bit of a bear market rally has occurred and

stochastic RSI is now at or above 80 while the MACD has K and

D lines touching. The weekly candle is a red Doji.

I see this as about the same as the pattern of early April.

I conclude that BTCUSD's bear market rally is complete

thus setting up another swing short trade to be taken.