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
Not
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Feragatname
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
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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)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.