Bitcoin (XBTUSD) continues to print weakness while many altcoins are printing strong charts vs Bitcoin... We are likely to drop.
On this chart we have the MACD going below zero while the RSI is now below 40, both looking bearish.
Prices managed to close below EMA10, EMA50, and EMA100.
We also have multiple lower highs...
Even on a bounce, strong resistance is still ahead.
Bitcoin is likely to drop... What's your take?
Namaste.
On this chart we have the MACD going below zero while the RSI is now below 40, both looking bearish.
Prices managed to close below EMA10, EMA50, and EMA100.
We also have multiple lower highs...
Even on a bounce, strong resistance is still ahead.
Bitcoin is likely to drop... What's your take?
Namaste.
Note
Previous charts | Jun 21
Jun 17
Jun 2
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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! 🍕)
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.