BTC - UPDATE
hello, guys, I would like to share to you what are the bearish sign for BTC
1.) bearish price action confirmed BTC did broke this color red line
2.) BTC now trading below 50MA in 4H another bearish price action.
3.) 1D Chart incoming bear cross on MACD and RSI is at Overbought
If BTC did not hold support area at 7300 next dump will be test this slopping trendline at 7190 region.
Key support level:
Price at 7049
Price at 6897
Price at 6670
Let's wait and see if BTC can manage to continue rally upward or now going to change the trend into a downward channel.
hello, guys, I would like to share to you what are the bearish sign for BTC
1.) bearish price action confirmed BTC did broke this color red line
2.) BTC now trading below 50MA in 4H another bearish price action.
3.) 1D Chart incoming bear cross on MACD and RSI is at Overbought
If BTC did not hold support area at 7300 next dump will be test this slopping trendline at 7190 region.
Key support level:
Price at 7049
Price at 6897
Price at 6670
Let's wait and see if BTC can manage to continue rally upward or now going to change the trend into a downward channel.
Trade closed: target reached