TradingView
YavuzAkbay
May 26, 2020 3:52 PM

Bitcoin Looks Bearish In Long Term Short

Bitcoin / TetherUSBinance

Description


Gann Square shows us that bitcoin has made an increase in each curve support and then recorded a sharp decrease when it goes out of the curve.

This decrease can also be confirmed by the "Stock Rsi" and "RSI" indicator.

According to Fibonacci Retracement our first support $8680, second support which is strong $7270, third $6180, fourth $5050 and last one which is strongest $3500

(I'm not professional analyst, trader or something like that and this is not an investment advice. Please make your investment decisions yourself.)

Order cancelled

Comments
JessicaHusarMBA
Good analysis
ETRerdi
that's a great analysis dude I just lost 2000 euros I wish I knew it earlier.
More