Bitcoin ready to drop

3 thg 10, 2018

Price continues to make new lower lows with lower descending triangles and created a double top when failing to break strong resistance and current descending triangle line at 6800. RSI and OBV following the down trend of the price and the MACD is about to cross to the downside. Good opportunity for a short with T1 at 6200, T2 at 5800 and T3 at 5000 with stop loss just above 6800.