BitcoinShort
Over The Holidays
BTC to fail current levels by end of December.
– both 20 and 50 MAs about to push it down further
– latest rise is on low volume (compared), to reach the 'weekly' 50MA heavy-weight
– giving out lower highs and lower lows like its going out of business
– BTC has passed a perfect negative SAR charge
– ADXDI, MACD and RSI are negative
– potential drop to around 5.5k (give or take)
– BTC can't consolidate before reaching a safe 'weekly' trend-line bottom
– zoom out / pan down, to reveal the 'weekly' 200MA trajectory and lower trend-line
Literally trading with my eyes closed since 10.3k.
Happy Holidays Everyone!
– both 20 and 50 MAs about to push it down further
– latest rise is on low volume (compared), to reach the 'weekly' 50MA heavy-weight
– giving out lower highs and lower lows like its going out of business
– BTC has passed a perfect negative SAR charge
– ADXDI, MACD and RSI are negative
– potential drop to around 5.5k (give or take)
– BTC can't consolidate before reaching a safe 'weekly' trend-line bottom
– zoom out / pan down, to reveal the 'weekly' 200MA trajectory and lower trend-line
Literally trading with my eyes closed since 10.3k.
Happy Holidays Everyone!
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Related publications
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.