In this chart we have an ascending channel which means the price slowly will increase and when MACD will goes to neutral zone(0) without to increase much the price we have a breakdown. Stoch are increasing we have a bullish divergence RSI above neutral zone Macd is increasing slowly and the price didn t make any move=bearish We have 11 candles now in this ascending channel from where 9 are upper wicks=bulls are trying to push the price higher but the bears all time will sell it. In 1154 also we have a resistence from ichimoku cloud and at 1D a very strong resistence at 1202.
In 1145-1150 you can open a short with 1111 and 1098 Targetpoints. BTC is on cboe futures also which is bearish til 16-17 oct
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