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MATHR3E
Aug 14, 2019 12:47 PM

$BTC Bears about to take over #Sequential Short

Bitcoin / U.S. dollarBitstamp

Description

Weekly BTC has reached the Sequential 13 (S13) countdown after finding a TOP on a Combo 13 (C13).
A TD Setup bar 1 (red 1/9) is also in progress and next week will be decisive to confirm a Sell Signal (Red 2 below Red 1 low).

Previous resistance was around 8900 USD so we might find some support at this level before a continuation of a new downtrend.

If the downtrend is not confirmed during the upcoming weeks, then we could form a bull flag and continue higher to new ATH.

MATHR3E

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