Short Front Test: BTC

8 Mar 2023

Plotted support, and pattern for the price action. Still follows the major descending channel, and created a descending triangle. Looking at the RSI 1 HR it is creating higher high, but in the price action its creating lower highs which is a bearish divergence. Charted the Fib tool in 4 HR TF, and checked OB 15 MIN for entry and targeted the price level in Fib.