BTC/USDT: Not falling for another fake breakout

١٦ ديسمبر ٢٠١٨

My short term trade will look like this. BTC/USDT will touch the upper trendline, and will be rejected. The STOCH RSI indicates a downward move soon, so it all makes sense. The lower trendlines indicates the 3000$ mark, the "magical mark" for some people. Will trigger a lot of buy orders, and even more sell orders when broken down.

Not financial advice, just me analysing what I see.