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LiuTrader
21 feb 2019 15:12

Bitcoin losing momentum? Bear signals begin to appear intraday! Kort

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beskrivning

BITMEX:XBTUSD
BITFINEX:BTCUSD
COINBASE:BTCUSD
BITSTAMP:BTCUSD
KRAKEN:XBTUSD

On the 1H chart, bitcoin appears to have been a double top.

RSI, MACD and OBV demonstrate that the bears are dominating the action in the last 3 days. The 3 oscillators are in a strong downtrend.

RSI passed below the balance line (50).

MACD crossed below 0.

20MA crossing down 50MA and both pointing down.

I Believe that we should see a strong drop in the next few hours / days.

If you appreciate my analysis, please hit like!

God bless.

Trade stängt: Stopp nått

Kommentarer
magimuffin
i agree! what do you think of my analysis?
Mer