Bitcoin
Satış

BITCOIN rejected on the MA50 (4h). 95k possible.

310
Bitcoin is trading inside a Channel Down pattern which has just formed a Lower High on the MA50 (4h).
This is a technical rejection, which after holding the MA200 (4h) previously, now should aim for a final Lower Low on the next support level, the MA100 (1d).

Trading Plan:
1. Sell on the current market price.

Targets:
1. 95000 (-10.70% decline as the previous bearish sequence of the Channel Down and potential contact with the MA100 (1d)).

Tips:
1. The RSI (4h) is about to cross under its MA trend line again, confirming the bearish move.

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Feragatname

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