BTC Short Idea

٩ فبراير ٢٠١٩

The pump yesterday from 3350 to 3700 have some people thinking that the bottom is in for BTC and we're going to the moon. So far BTC has been making nothing but lower high while grinding alone the trend line, which is currently at around the 3800 area. Once BTC gets to the 3800's I'm expecting the daily Stoch RSI to also be in the oversold condition, it would be wise to take a short then as I'm expecting BTC to make another lows and drop back down.