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the6ylal
Feb 28, 2023 1:30 PM

BTC Trend BreakOUT and DOME Prediction Short

Bitcoin / TetherUSBinance

Description

It seems clear that the Coinbase BUSD Fud and the high amounts of BTC activity in the markets will bring a decrease, although we consider the increase in the stablecoin entering the spot markets.

It is possible that when we break this rising trend, a reaction rise around $21,500 will be like a dead cat.

Will the $18,500 journey begin, or will we perform a re-test on top of 25K, it seems uncertain?

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The 50-day exponential moving average price has stalled for a bit. The trend has been broken.

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Trendline is broken.

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It is working...

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Still in range!
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