Bitcoin vs. US Dollar | Showing weakness on 13H, more dip?!

Hello, dear friends!

Bitcoin shows heavy resistance at 6600 and 6800. On other hand we have higher lows, with demand/support zone at 6200.

On the left screen 1h chart, price stays above MA200 - which is bullish signal for us, lets take a look at history:
July

April

February

November

September

and many others times...

But when it comes to cross down the MA200 - this is a short-sell signal, so we should carefully watch this MA-breakout!

On other hand (right screen) we have MA50 and MA200 crossover (crossdown) at 13H timeframe, which is Bearish signal, combined with MA200 breakdown signal on 1h, we can get the confirmation of Short-entry.

Good look, if you have questions - please send comments.
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Have a good profits!

Comment:

Bitcoin loves to show Both Direction signals:

Comment:

#Bitcoin shows Cup & Handle, Inverse Head & Shoulders

Comment:

Comment:

#Bitcoin shows Bear Flag on 1h, but be aware of fakeout, so wait for confirmation of breakout!

Comment:

Bear flag support holds well. Until now we have rising lows and rising highs, so probably we will see the attempt to break 6600 again

Trade closed: target reached:

touched main short-sell target at left screen

Trade closed: target reached:

Reached 6800