YounessBHm

YounessBHm

Hello dear Trade viewers, It's been a little while since my last analysis of BTC. Analyzing the 4h Chart here,and as predicted couple days ago, BTC couldn't bounce at deep support Lv2, and kept falling toward the deep support Lv3 . The EMA 50 and the EMA 20 are not showing any sign of crossing anytime soon no 'golden cross' in the horizon which will result on...

YounessBHm

Analyzing the 4h chart here, and following BTC after the EMA death cross that was illustrated in my previous TA. The first scenario which we all wanted (The Bitcoin supporters) the re-bounce on the deep support line Level 2 didn't hold enough, we can see a huge red candle in the couple previous hours with massive selling volume. Which leave us with the second and...

YounessBHm

As expected and predicted in previous 4H chart, the EMA 20 crossed down the EMA 50, which confirm BTC going down a little bit more heading toward the Deep Support line 9300-9400 . If enough support and enough volume BTC could re-bounce in that specific point and go back up, in the other scenario we could see a longer downtrend toward the 6k levels.

YounessBHm Updated 

Analyzing the 4h Chart, I'm expecting BTC to go a little bit more down before gong back on track. As we can see on the chart the bearish candle crossed the first level support at 10200 Line , Major sale signs in that moment. The second element being the EMA 20 and EMA 50 illustrating a ' death cross' as we speak which promise that the price of BTC going to go...