SHORT BTC (Prj.2019.Short.version2).Micro level, another short

My opinion:
There will be no momentum to the upside without a drop .
Note the RSI boundary in the 1 HRLY Chart, feeds into the 4 HRLY overall view.

200 MA on the 4 HRLY can act as resistance

continuation from the previous post

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3rd divergence in play

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Looking weak at 9600 to 9700. Looks like a slowly decent to 9350 to 9450, waiting for a strong divergence\bullish pattern

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Patience

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I bought in some at 9345 while I was away to the gym.
So far so good but it doesn't look strong like other dips in the past. We might go lower to the 9100 range next. Must have stop limits near the buying price.

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RSI on the hourly chart.... not impressive

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with the current downward trend, I have identified support and resistance. By chance it might fit this harmonic setup.

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ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Another good call....pattern played out and target reached for this post. 20 EMA on the daily is now the resistance :)

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correction. final target reached for this post