w0tisl1fe

Bearish Bias With Reasoning, Pt. 3

Short
w0tisl1fe Updated   
COINBASE:BTCUSD   Bitcoin
EMA & MA on the higher time frames is your best friend. We can look at trend lines all we want, but we need to know whether we are have support or resistance!!! It's that simple... Then once you know that, then fine. Focus on the rest.
Comment:
And As the 200 EMA gets dug in further... We also drop below 8300! Nice shorts boys, nice shorts. Oh yeah and don't forget, we are still under the 200 MA. As long as that is the case, you are in a pretty good position to short BTC

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