lollosquire99

BTC at CRUCIAL LEVEL... what next?

lollosquire99 Updated   
BITFINEX:BTCUSD   Bitcoin
hi guys,

in this weeks we will need to focus our attention on btw use it is the most important crypto at the moment and it has 48,9% of dominance on the entire market...
Like i say many many other times, DO NOT BELIEVE THE BULLS, this is a FALSE BULLRUN!!

anyway i think in the next days we could see some spike on the upside and then we can complete our reversal to the downside!
Like i said before if you see the weekly you can see like we're in a bearish momentum cause we have lower highs and lower lows, and for me this is so bearish!

The rsi on the weekly is neutral and i think we will need to see it oversold and it never was from 20K, than like you see we have the 200EMA aligned with the 4500-5000 zone that is my personal target!

So in the next days we can see some little upside but need we will inevitably go down nd fulfilled my target zone and then the bullpen will start!

Bye everybody, have good trades

Comment:
Hi guys, as I said, we went a bit up (7700 region) and then we went down to 7300 region. Now is the time where we can see a bit of correction but do not be fooled by this one. Remember we will see lower highs and lower lows
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