alanmasters
Short

Bitcoin Can Easily Drop From Current Prices | $8320 Followed by

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Looking at Bitcoin on the 4H timeframe, the charts are saying that prices can easily move lower.

Right now EMA50 ($8602) is working as support while prices trade below EMA10 after a full red/ bearish candle.

The indicators are bearish , RSI and MACD , while EMA100 and MA200 haven't been tested as support since early Jan.
If BTCUSD breaks below $8600 with good volume , we are likely to see $8320 followed by $7753.

Additional details can be found on the chart.
Feel free to leave a comment if you have any questions.

Thanks a lot for reading. :)

Namaste.

Comment: Previous trade | BCHH20 (+113%)

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Comment: New update:


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Comments

🤔 This triangle you draw looks more like a bullish triangle...
Reply
@pobrenoi, It dropped.
Reply
56.06747713 113.02544008 6337.05127679
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56.06747730 17.84744024 1000.66095051
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uygunshop uygunshop
@uygunshop, ltc sell 56$
Reply
they are all negotiated
Reply
I will not buy any money for 30 days buy sell problem
Reply
@uygunshop, Wait patiently.
Reply
btc 8560$ 53000$ usdt I switched price increased😕
Reply
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