Here I am mapping the next move for Bitcoin (XBTUSD) short-term (4H).
- Prices tested EMA50 as support and close below EMA10, switching the potential from bullish to bearish.
- The MACD is showing a bearish cross.
- Bearish divergence is visible with the MACD and RSI.
- We've been expecting a drop since Bitcoin printed a lower-high.
- Conditions for change
If prices move and close above $10,000, the above signals become invalid and a new analysis is needed.
Visit the trade idea below for Bitcoin Weekly | Bullish Vs Bearish Bitcoin (Mixed Signals or Mixed Feelings?)
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
Namaste.
- Conditions for change
Note
Looks like a big one incoming...🚨 FREE PREMIUM Trades + Top Results
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
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.