BTC has just become a sell on the 2 DAY TIMEFRAME.
According to the 2 day System we must sell 2 days after confirmation, which is Sunday 0:00UTC. Shorts can be taken place after that if the 10 EMA is still under the 20 EMA.
Right now you should expect price to rise, but if the stockmarket plummets on wallstreet than who knows.
This had tested the levels on the 3rd-5th July however bulls won that battle.
It was a good run for BTC with buy confirmation on the 22nd April @ $6850.
So I repeat BTC becomes a sell on Sunday 0:00 if EMA levels are maintained or much lower.
According to the 2 day System we must sell 2 days after confirmation, which is Sunday 0:00UTC. Shorts can be taken place after that if the 10 EMA is still under the 20 EMA.
Right now you should expect price to rise, but if the stockmarket plummets on wallstreet than who knows.
This had tested the levels on the 3rd-5th July however bulls won that battle.
It was a good run for BTC with buy confirmation on the 22nd April @ $6850.
So I repeat BTC becomes a sell on Sunday 0:00 if EMA levels are maintained or much lower.
Trade closed: stop reached
