Bitcoin for BITFINEX:BTCUSD by jackdavidpiney — TradingView

Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC btclong btcshort BTCUSD1W Fibonacci Retracement

trendanalysis chartpattern indicator btcusd btc btclong btcshort btcusd1w fibonacciretracement

Short

8400 support or 7k retest?

Looking for .618 Support. $8400

Expecting .705 to hold. $7000

Notes:
55 EMA support
RSI divergence. Trend.
MACD possibly dipping under 0. (Not happened since 2014.)
T3 CCI failed to cross above 0.
Ichimoku Fail.

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Bitcoin Bears are back. The weekly 55 EMA... $7400

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Failing the weekly 50..... Never a good sign, next week needs to been green.

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