BitcoinShort
BTC Trend Reversal to BullTrap
Bitcoin D broke below exponential moving average (EMA) 10.
-Volume Divergence, as the price moves higher, the volume however is moving lower.
-RSI Divergence, as we move higher, the strength of Bitcoin moves lower.
-MACD Cross on daily chart
Multiple confirmations shows that we are in a trend reversal. BTC Bull trap is playing out well. We might also see BTC drop to 30k below before 2021 ends. DYOR
-Volume Divergence, as the price moves higher, the volume however is moving lower.
-RSI Divergence, as we move higher, the strength of Bitcoin moves lower.
-MACD Cross on daily chart
Multiple confirmations shows that we are in a trend reversal. BTC Bull trap is playing out well. We might also see BTC drop to 30k below before 2021 ends. DYOR
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.
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.