CryptoPatel

Bitcoin Bearish Analysis Next move $8400...?

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BITFINEX:BTCUSD   比特幣
Bitcoin Technical Analysis Chart:

Bitcoin Current Price is $8940.
I am Shorting from here.
and Stop Loss $9030.

Whats Say Chart:
According to Technical Analysis I can say Bearish Diversion at this Moment.
And Also Good Channel In 4 hours Chart.

There are Two Scenario:

1)- If break upward Side then we can see $9800-$10000.
And if success to break upward side then you can open Long Position and Target would be $9800.

2)- If all is good then we can retest $8300-$8400.
Because 4 hours chart say Bearish Diversion and Trendline Resistance.

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