Here we have Bitcoin (BTCUSD) on the 1H timeframe.
We have a bearish cross between EMA10 and EMA100... Which can send prices lower.
The MACD has gone below zero and the RSI below 40... Both entering the 'bearish zone'.
The support levels on this chart are based on Fibonacci proportions.
After a small bounce, due to the bearish cross between EMA10 and EMA100, we are looking to see lower prices.
This is not financial advice.
Namaste.
We have a bearish cross between EMA10 and EMA100... Which can send prices lower.
The MACD has gone below zero and the RSI below 40... Both entering the 'bearish zone'.
The support levels on this chart are based on Fibonacci proportions.
After a small bounce, due to the bearish cross between EMA10 and EMA100, we are looking to see lower prices.
This is not financial advice.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.