BTC short, price action

23 באפר׳ 2018

There's a pinbar candle at a very strong resistance line for BTCUSD, followed by a new low. RSI is indicating overbought, MACD looks like it's about to move down. The pinbar is green, but I'm still thinking shortterm bearish trade, as we're at very strong resistance, also at the end of a triangle pattern, price probably breaking out bearish. Price may fall past the next support level, but looks like in general for the longer term - BTC is on a bullish upswing.