WhiteHuracan

$BTC Trendline and 50-EMA (STAY AWAY FOR NOW)

COINBASE:BTCUSD   Bitcoin
We're now trading below the 50-MA, not a good sign. There is also a descending trendline (blue) that is creating the path for further downside.

We need to see the gold ascending trendline hold as support for us to find a good swing trade setup to go long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.