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BTCUSD SWING SHORT

BTC on the weekly chart is in a persistent downtrend for this year.

In recent weeks, a bit of a bear market rally has occurred and

stochastic RSI is now at or above 80 while the MACD has K and

D lines touching. The weekly candle is a red Doji.

I see this as about the same as the pattern of early April.

I conclude that BTCUSD's bear market rally is complete

thus setting up another swing short trade to be taken.
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptocurrencysignalscryptowinterETHUSDTechnical IndicatorsshortbitcoinshortbitoinTrend Analysis

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