alanmasters

Bitcoin Aiming Lower, Next Move Mapped

Short
BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Here I've mapped the Bitcoin ( XBTUSD ) chart for you.

  • First, notice the trendlines ...
  • We have a lower high.
  • EMA10 being challenged as support.
  • Indicators trending down.
  • Bounce completed.

This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.

This is not financial advice.

Namaste.
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Switch to ALTs?
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alanmasters fayzondoe
@fayzondoe, Yes.
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