SteveX1

XBT / USD Shorting against the Trend

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BITMEX:XBTUSD.P   Bitcoin
Seeing resistance at this level both in price and in RSI.
Longs outnumbering shorts, perhaps time for a spike downwards to clear some of those longs out?
RSI has rejected at this 66 level before.
Volume is declining
Can XBT power up and switch this resistance into support again?

I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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