Some people like charts crowded with multiple indicators, oscillators and lines, some other people like simple working charts!
For those who like simple charts:
1- Bitcoin failed to cross up its down trend line twice in the May and made a Double Top pattern.
2- Bitcoin has crossed down 10 days SMA(low) and 20 days SMA(close).
3- Bitcoin has just penetrated the up trend line since March 13th.
If you are not convinced that Bitcoin is going to sink down, wait for the coming weeks!
For those who like simple charts:
1- Bitcoin failed to cross up its down trend line twice in the May and made a Double Top pattern.
2- Bitcoin has crossed down 10 days SMA(low) and 20 days SMA(close).
3- Bitcoin has just penetrated the up trend line since March 13th.
If you are not convinced that Bitcoin is going to sink down, wait for the coming weeks!
Trade closed: stop reached