Bitcoin's Possible Downtrend
Bitcoin continuing it's downtrend with distributions. Right now it's in a distribution zone(down flag formation).
Important levels = 21,900 - 20,800 - 19,600 - 18,100 - 17,650
Indicators:
Fast MA = Shorth
Slow MA = Long
Momentum = Neutral
ADX = 19.56 (No Trend)
Important levels = 21,900 - 20,800 - 19,600 - 18,100 - 17,650
Indicators:
Fast MA = Shorth
Slow MA = Long
Momentum = Neutral
ADX = 19.56 (No Trend)
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