Intermarketics

BTCUSDT trend reversal temporarily slowing down

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POLONIEX:BTCUSDT   Bitcoin / Tether USD
6
Indicated by the bearish divergences within the month of May and the second half of April. Negative sloping RSI trendline indicates a continuation of sellers under pricing the asset, and MACD in low levels of momentum indicate that the trend reversal will continue downwards for a a little while longer (few days to a couple of weeks possibly). The fibonnaci speed resistance arc also indicates the speed resistance force of the subsequently drop to follow to fall by much less of a magnitude. Perfect time to short for the next few weeks.
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