Bitcoin Updated for the Current Bearish Continuation
Hello my friends,
Today i am not going to write too much, as all are spotted on our chart.
With short words...
Lower Highs and Lower Lows continuation is equal to a downtrend.
Bitcoin Must make attend to break above $49500.
This are is the critical area at the moment for Bitcoin.
Breaking above this area, will create a new Higher high.
Then we can start to speak for possible bottom and changing of trend.
Till we are below this area, we are in bearish continuation correction
and the possibility to see lower prices is yet in cards.
Your comments are appreciated.
Have a nice day and good luck with your choices.
Today i am not going to write too much, as all are spotted on our chart.
With short words...
Lower Highs and Lower Lows continuation is equal to a downtrend.
Bitcoin Must make attend to break above $49500.
This are is the critical area at the moment for Bitcoin.
Breaking above this area, will create a new Higher high.
Then we can start to speak for possible bottom and changing of trend.
Till we are below this area, we are in bearish continuation correction
and the possibility to see lower prices is yet in cards.
Your comments are appreciated.
Have a nice day and good luck with your choices.
Trade closed: target reached