More Bitcoin Short-Term | RED/Bearish Signals Listed
Updated
Would you like for me to continue with the short-term updates?
Please leave a comment and let me know...
Here we are looking again at Bitcoin (BTCUSD) on the 1H timeframe; short-term... This is what we have.
MACD
RSI + STOCH
Bitcoin is likely to go below $9100 on the next drop.
Conditions for change
The charts are always changing... If prices move and close above MA200 ($9279.7), the above bearish signals are invalidated and a new analysis is needed.
Thanks a lot for reading.
Namaste.
Please leave a comment and let me know...
Here we are looking again at Bitcoin (BTCUSD) on the 1H timeframe; short-term... This is what we have.
- Prices remain trading below MA200 (black line) = bearish.
- Prices are also trading below EMA10/50/100 = bearish.
- Bearish cross of EMA10 and EMA50.
- MACD bearish cross with histogram going red (pictured below).
- RSI Moved below 50 and bearish STOCH (pictured below).
- Trading volume still low = neutral.
MACD
RSI + STOCH
Bitcoin is likely to go below $9100 on the next drop.
Conditions for change
The charts are always changing... If prices move and close above MA200 ($9279.7), the above bearish signals are invalidated and a new analysis is needed.
Thanks a lot for reading.
Namaste.
Comment
The response is very clear... Thanks for the feedback.I shall continue sharing these.
Comment
Going as charted... Some altcoins:🏆 AOABTC (+719%)
🏆 ERDBTC (+717%)
](https://s3.tradingview.com/2/2W7i26vI_mid.png)
🏆 ANKRBTC (+433%)
🏆 ARPABTC (+322%)
alanmasterstrades.com/arpabtc133-arpa-chain-trade-signal/
🏆 BLZBTC (+215%)
🏆 RLCBTC (+187%)
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New update on the 4H timeframe with targets/support levels for Bitcoin (BTCUSD)
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