More Bitcoin Short-Term | RED/Bearish Signals Listed

Would you like for me to continue with the short-term updates?
Please leave a comment and let me know...

Here we are looking again at Bitcoin (BTCUSD) on the 1H timeframe; short-term... This is what we have.

• Prices remain trading below MA200 (black line) = bearish.
  
• Prices are also trading below EMA10/50/100 = bearish.
  
• Bearish cross of EMA10 and EMA50.
  
• MACD bearish cross with histogram going red (pictured below).
  
• RSI Moved below 50 and bearish STOCH (pictured below).
  
• Trading volume still low = neutral.
  

MACD

RSI + STOCH

Bitcoin is likely to go below $9100 on the next drop.

Conditions for change
The charts are always changing... If prices move and close above MA200 ($9279.7), the above bearish signals are invalidated and a new analysis is needed.

Thanks a lot for reading.

Namaste.

Comment:

The response is very clear... Thanks for the feedback.
I shall continue sharing these.

Comment:

Going as charted... Some altcoins:


🏆 AOABTC (+719%)

🏆 ERDBTC (+717%)

🏆 ANKRBTC (+433%)

🏆 ARPABTC (+322%)
alanmasterstrades.co...-chain-trade-signal/

🏆 BLZBTC (+215%)

🏆 RLCBTC (+187%)

RECENT:

✳️ Qtum Conquers EMA200 | Read Inside, Details Explained...

✳️ Voyager (BQX) Aims At Higher High

✳️ Ripple (XRP) Bullish Flag Daily

Comment:

New update on the 4H timeframe with targets/support levels for Bitcoin (BTCUSD)

Comment:

"Editors Pick's"... Looks like Trading View's editor must not like me... 😊

Comment:

I am not worried... I've been discriminated against before.

Comment:

It is going lower as charted...

Comment:

Latest update