Akshansh

Bearish until Price breaks above EMA50

Short
Akshansh Updated   
BITSTAMP:BTCUSD   Bitcoin
Green volume candles are getting shorter and shorter while red are somehow maintaining themselves. Continuous bouncing off from 9K level might have decreased the bulls in that range. We may be touching the other end of Kumo soon and hence breaking the resistances.
A change in trend might happen if price closes above EMA50. Till then bearish.
Comment:
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.