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Diillon
Aug 6, 2019 10:21 PM

BTC Testing trendline 

Bitcoin / United States DollarCoinbase

Description

BTC Up or Down?COINBASE:BTCUSD

BTC - USD is testing 4hr timeframe trend line

The ascending trend line in green is our support.

We are below the 20 MA currently (bearish)

RSI turning bearish

Careful if we find support on the trend line BTC could be bullish

A break below the trend line is more bearish

Comment

Rejection from the trend line as expected
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