We continued to mention as Bitcoin (XBTUSD) peaked that the volume was low... This low volume with the bearish signals that were developing was pointing to a drop... Now, the trading volume is starting to go up...
Based on the chart above, Bitcoin can easily continue to drop.
Our targets were first aimed at $9000-$9200, but now it seems that prices can go lower. Let's wait and see how the daily candle closes.
The details are marked on the chart.
Feel free to leave a comment, hit FOLLOW and share your charts.
Namaste.
- We have big volume on this drop and the indicators going full bearish.
- Prices moved just below MA200/EMA200 on a long-wick, now with EMA300 (gray) as the next target.
Based on the chart above, Bitcoin can easily continue to drop.
Our targets were first aimed at $9000-$9200, but now it seems that prices can go lower. Let's wait and see how the daily candle closes.
The details are marked on the chart.
Feel free to leave a comment, hit FOLLOW and share your charts.
Namaste.
Note
XBTUSD (SHORT) with 75% of profits collected (10X leverage)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.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.