Bitcoin (XBTUSD) on the daily timeframe remains bearish.
1) Yesterday we have the drop and closure below EMA10, confirming all the bearish signals we looked at before the drop.
2) If prices don't increase by 00:00 UTC, we will be looking at an inside bar (bearish).
3) EMA50 and EMA100 haven't been tested yet and we have prices aiming lower.
4) Trading volume dropping.
5) ALTSBTC Pairs Booming
6) The MACD is trending down but the RSI remains strong.
This chart is looking straight red for me... What's your take?
Please share in the comments below.
Namaste.
1) Yesterday we have the drop and closure below EMA10, confirming all the bearish signals we looked at before the drop.
2) If prices don't increase by 00:00 UTC, we will be looking at an inside bar (bearish).
3) EMA50 and EMA100 haven't been tested yet and we have prices aiming lower.
4) Trading volume dropping.
5) ALTSBTC Pairs Booming
6) The MACD is trending down but the RSI remains strong.
This chart is looking straight red for me... What's your take?
Please share in the comments below.
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! 🍕)
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.