Bitcoin, Not So Fast Trolls... $16,500 Target Still In-Play!
Updated
Patience is key... Our $16500 target is still in-play for Bitcoin (BTCUSD).
Bitcoin broke bearish yesterday and we saw its price decrease by over $1200 after my previous trade idea...
We are now seeing a small bounce with the chart still looking bearish.
Patience is the key is what I always say...
As long as prices remain below EMA50, we expect to see even lower prices next.
Previous chart | Bitcoin To ~$16,500 Now Confirmed!
Remember to hit LIKE and leave a comment.
Thanks a lot for your support.
Namaste.
Bitcoin broke bearish yesterday and we saw its price decrease by over $1200 after my previous trade idea...
We are now seeing a small bounce with the chart still looking bearish.
- Notice that prices are still trading below EMA10, EMA21, EMA50, and EMA100.
- The MACD is now below zero (0) and the RSI below 50, both bearish signals.
- We have a bearish cross between multiple EMAs and when we look at the daily timeframe, prices are still trading below EMA10.
Patience is the key is what I always say...
As long as prices remain below EMA50, we expect to see even lower prices next.
Previous chart | Bitcoin To ~$16,500 Now Confirmed!
Remember to hit LIKE and leave a comment.
Thanks a lot for your support.
Namaste.
Note
New update for BTCUSD (Bitcoin) on the daily timeframe... Enjoy!
Note
It looks like the drop is about to gain momentum... Pretty good.Other charts:
🅱️ Bitcoin Weekly First Support At $16,000
✳️ Ripple (XRPUSD) Likely To Continue Lower!
Plus some altcoins
✳️ Verge (XVG) Future Path! (210%)
✳️ Moeda Loyalty Points (MDA) Correction Is Over? Looks Like It!
✳️ Dusk Network (DUSK) Will Print Massive Growth (303%+)
✳️ SCRTBTC
✳️ COMPBTC
✳️ YOYOBTC
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.