BTCUSDT looking to retrace, indicators screaming short

5 Tem 2018

BTCUSDT looking to retrace, indicators screaming a short opportunity, 2 Heikin Ashi red candles does it for me with lower highs on the 4H. Makes sense (for me) to place some shorts here with a stop loss slightly above the red zone. Not financial advice of course, trading crypto is risky and you can loose lots and lots of money... bucket loads in fact. Lets see how this one plays out.

5 Tem 2018

Not

It could range a little, although lower highs on oscillators (bearish divergence) tells me otherwise. Given we have hit a major resistance zone, I'm good to go short here.