Bitcoin Aiming Lower, Next Move Mapped

15 May 2020

Here I've mapped the Bitcoin (XBTUSD) chart for you.

• First, notice the trendlines...
  
• We have a lower high.
  
• EMA10 being challenged as support.
  
• Indicators trending down.
  
• Bounce completed.
  

This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.

This is not financial advice.

Namaste.