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JAVADVaezi
Apr 19, 2021 2:06 PM

Decreasing the strength of the bitcoin rising trend 

Bitcoin / TetherUSBinance

Description

Due to the trend lines and curves, we see a decrease in the increase trend. I think we have reached a turning point now. That is, at best, the price will fall. But if the trend line is broken down, we will expect much lower prices

Comment

Also keep in mind that the 20-day moving average is easily broken and did not show resistance, and after that we even crossed the 50-day moving average, which can be a sign of a fall. The last time the price was below the 50-day moving average, the price of Bitcoin was around 18,000.

Trade closed: target reached

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