Bitcoin Will Jump After The Drop (Short-Term Analysis)
Here we are looking at Bitcoin (XBTUSD) on the 1H timeframe (Short-term).
Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).
Multiple scenarios are drawn on the chart.
Where do you think Bitcoin is headed short-term?
Share with us in the comments section below.
Namaste.
- Prices are moving lower within a broadening falling wedge.
- Trading volume is still low so this move is yet to develop.
- The indicators are trending down/lower (RSI and MACD).
Prices for Bitcoin (XBTUSD) can drop (red arrows) before moving up (green arrows).
Multiple scenarios are drawn on the chart.
Where do you think Bitcoin is headed short-term?
Share with us in the comments section below.
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
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.