Bitcoin | Retest downtrend line

11 thg 4, 2019

BTCUSD
TD Sequential
*Price in the current bull move has exhausted on multiple time frames. Green 9's suggest take profit

RSI
*Bearish divergence on the daily chart

Whats next for BTC?
*Indicators suggest price should go down. First price target would be a retest of the long term down trend line ($4700) which also correlates with the 200 sma ($4500) price range. Volume Profile does not suggest that price with sustain those price levels very long, as most price volume is around the price of ($4000-3500).