Bitcoin Starts To Retrace, Aims at $8210 Before $9999

Bitcoin is showing signs of a retrace:

• Moving below EMA10.
  
• Bearish divergence on the MACD and RSI.
  
• MACD Bearish cross.
  

Conditions for change: If Bitcoin (BTCUSD) moves up and closes above the last peak $8947, the above signals are invalidated.

Thanks a lot for reading.

Namaste.

Comment:

(Here we are looking at Bitcoin short term, yet below you can find some indicators as for a different/longer view).

BTC fractal May-June 2018 and the situation is now.
In favor of the fall:

1) The growth of the market without corrections is observed since February.
2) 4 green candles in a row on the monthly chart.
3) Two unclosed gaps on SME
4) Futures expiration on May 31st.
5) RSI shows a bearish divergence.

Thanks, @SpartaBTC for sharing.

Comment:

So far going down yet still looking strong.

Bitcoin (BTCUSD) is holding really good. Remember that this is a short term analysis, we are super bullish longterm.

We continue aiming for EMA10 on the daily time frame, or EMA50 on the 4H chart:

D:

4H:

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Altcoins doing their magic...

Pundi X (NPXSBTC) +40%

Nucleus Vision (NCASHBTC) +11.11%

Komodo (KMDBTC) +15%

BitTorrent (BTTUSDT) +210%

Bitcoin SV (BSVBTC) +33%

AdEx (ADXBTC)(76% Trade)

Everex (236% Trade)

openANX (156% Trade)

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We also have charts for Bitcoin Cash and Cardano, take a look below:

Bitcoin Cash ABC (BCHABCBTC)

Bitcoin Cash (BCHM19) on BitMEX (+18% ROE)

Cardano (ADABTC)

Cardano (ADAM19) on BitMEX (+47% ROE)

Comment:

We are also showing profits for the following altcoins pairs, XRPBTC, TRXBTC, XRPM19, and TRXM19...

TRON (TRXBTC) Trade

TRON (TRXM19) on BitMEX (+114.9% ROE collected)

Ripple (XRPBTC) Long Term

Ripple (XRPM19) on BitMEX (+96.3% ROE collected)

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The S&P 500 Index Goes Lower Today?!

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Skycoin (SKYBTC) Bullish Chart Setup

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Bitcoin Shows Strength, No Weakness... What Comes Next?

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