BitcoinShort
Ascending line looks to be broken
I already shorted lower, felt lack of volume and and didn’t expect to go much higher.
The bullish Adam and Eve line was drawn on the 2h, we had a fake down and shoot up, only ones we got close towards the 21EMA on daily frame volume died..
Now we have an 2h candle close below the ascending line and potential resistance line..
This might indicate that the bullish momentum is drying out.
Short targets
1: 11100
2: 10900
3: 10500
4: 9700
Watch going into an position today with the lack of volume btc keeps bouncing back up..
So maybe there are still some hidden bullish factors left.
Anyways at this moment and this volume bulls might be done for today
Goodluck trading and don’t go into greedy crypto can make moves nobody will expect
The bullish Adam and Eve line was drawn on the 2h, we had a fake down and shoot up, only ones we got close towards the 21EMA on daily frame volume died..
Now we have an 2h candle close below the ascending line and potential resistance line..
This might indicate that the bullish momentum is drying out.
Short targets
1: 11100
2: 10900
3: 10500
4: 9700
Watch going into an position today with the lack of volume btc keeps bouncing back up..
So maybe there are still some hidden bullish factors left.
Anyways at this moment and this volume bulls might be done for today
Goodluck trading and don’t go into greedy crypto can make moves nobody will expect
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