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Bear Trap? XBTUSD 1H Timeframe
Bitcoin
Bear Trap? XBTUSD 1H Timeframe
By AlanSantana
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Updated
Apr 14, 2020
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Apr 13, 2020
Prices for XBTUSD dropped and moved below EMA100 but found support at the 0.786 Fib. level, now we see prices moving back up.
Is this a bear trade?
We also a bullish divergence with the MACD and RSI.
As long as prices stay above $6635.5, XBTUSD can still go up (bounce).
If prices move and close below $6635.5, Bitcoin is likely to continue lower... Let's see how it goes.
Namaste.
Apr 14, 2020
Comment
Going good so far.
alanmasters
altcoins
Beyond Technical Analysis
binance
Bitcoin (Cryptocurrency)
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bittrex
crypto
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xbt
XBTUSD
AlanSantana
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