Profitlio_Trading

Bitcoin - Multi Timeframe Analysis Technically - Bearish

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Profitlio_Trading Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
One more downside expected with BTC as on D1 it shows a bear leg formation which is very bearish to my eyes and also considering the key resistance it has formed on the chart and also which is highlighted with a blue bar. But I expect this will not go much deeper as we have support trend formed. Bear trend confirmed with D1 Bear leg breakout.
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Weekly time frame shows a clear structure with a support trend formed and expecting price should make one more move or retest back on this trend line support

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