Bitcoin Aims At $9740 Followed by $9250 (Bearish Signs)

XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:

• First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish.
  
• Bearish cross between EMA10 and EMA50.
  
• Bearish RSI, trending lower.
  
• Bearish MACD.
  
• Monday's can be bloody (red).
  

With also have a "rising wedge" that is breaking down.

All these signals are pointing to lower prices.

We are active with a short on 10X.

Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.

Namaste.

Comment:

Previous chart | Bitcoin Aiming Lower | $10,000 Will Break | Where To Next?

Comment:

💎@BBLREGBOT
Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Next target.

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.

Date: 15-Feb. | 12:06 PM GMT-4

Comment:

Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Next target.
4) $8890

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.

Comment:

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
*) $9105 |Hit (+95%)
3) $9077 |Next target.
4) $8890

Comment:

Trade closed.
ALL TARGETS HIT.

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Hit (+99%)
4) $8890 |Hit (+122%)

ENJOY THE PROFITS.

Namaste.