BTC GRADUAL DETERIORATION TO 9000 and 8750
Updated
HI guys.
We've seen so far uptrend on B going from double bottom on 6450 and reaching 9500 without any "serious" correction ( example retest of 8000$) as main support in order to go further up.
It could not breach 9650 despite several attempts, sank lower and now struggling on 9300 zone.
It can't hold there, it will drop more.
Technical side confirms daily bearsih momentuim, therefore, i find this correction as healthy price building.
Stoch RSI shows that it didn't sank on daily yet, so, there is also room to drop.
Also, we have strong bearish EMA H6 cross.
Go short from 7-10X (for those who "bet" on bitmex" ) or simply clear your positions in order to rebuy lower.]
Good luck and thanks for reading.
We've seen so far uptrend on B going from double bottom on 6450 and reaching 9500 without any "serious" correction ( example retest of 8000$) as main support in order to go further up.
It could not breach 9650 despite several attempts, sank lower and now struggling on 9300 zone.
It can't hold there, it will drop more.
Technical side confirms daily bearsih momentuim, therefore, i find this correction as healthy price building.
Stoch RSI shows that it didn't sank on daily yet, so, there is also room to drop.
Also, we have strong bearish EMA H6 cross.
Go short from 7-10X (for those who "bet" on bitmex" ) or simply clear your positions in order to rebuy lower.]
Good luck and thanks for reading.
Trade closed: target reached
We grabbed those two shorts to 9000 and the one below 8750. (8638 touched).We have more to (potentially subbing more) and going up again.
Thanks for reading and good luck.
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