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OmiFX8
Sep 28, 2020 11:52 AM

Bitcoin: Sell below $10,800 (Bitstamp price) Short

BITSTAMP:BTCUSD1W
Bitcoin / U.S. dollarBitstamp

Description

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Bitcoin's weekly chart shows:

  • Downside break of bull market trendline
    MACD has dropped below zero.
    BTC charted a hanging man bearish candle last week.
    5- and 10-week SMAs have produced a bear cross.


Trade: Sell below $10,800 target $10,000, $9,800 stop loss $11,200
Trend AnalysisChart PatternsTechnical IndicatorsBitcoin (Cryptocurrency)marketspricesTechnical Analysis
Comments
ArShevelev
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awesome
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