SHORT BTC (Prj.2019.Short.version2).Micro level, another short

My opinion:
There will be no momentum to the upside without a drop .
Note the RSI boundary in the 1 HRLY Chart, feeds into the 4 HRLY overall view.

200 MA on the 4 HRLY can act as resistance

continuation from the previous post

코멘트:

3rd divergence in play

코멘트:

Looking weak at 9600 to 9700. Looks like a slowly decent to 9350 to 9450, waiting for a strong divergence\bullish pattern

코멘트:

Patience

코멘트:

I bought in some at 9345 while I was away to the gym.
So far so good but it doesn't look strong like other dips in the past. We might go lower to the 9100 range next. Must have stop limits near the buying price.

코멘트:

RSI on the hourly chart.... not impressive

코멘트:

코멘트:

with the current downward trend, I have identified support and resistance. By chance it might fit this harmonic setup.

코멘트:

코멘트:

거래청산: 타겟 닿음:

Another good call....pattern played out and target reached for this post. 20 EMA on the daily is now the resistance :)

코멘트:

correction. final target reached for this post