thegio

BTC bear signs and down trend still in place

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thegio Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Dear crypto aficionados, fans, lovers, haters, shorters and longers,

After the 1-2-3-4-5 up impulse we faced a strong trend down trend pushing the price of BTC down to 8,3k from the high of 10k.

What happend during the night, we are experienced a 5th downwave, after a rising bottom breakout which is a very bearish sign!

Others strong sign for a possible future further down trend:
- Support is now resistence
- macd overbought
- RSI Bearish level


Stay tuned and like, share comment if you enjoyed the TA.

*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
Kommentera:
This old idea is still valid!

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