Bitcoin (BTCUSD) has been aiming lower since reaching a top on the 6th of August. We warned about an imminent retrace and this is now happening... Let's take a look at the chart:
- BTCUSD is now trading below EMA10 ($11,300). In my previous article, we mention that any trading above this level is bullish, but below this level, we go bearish. The daily candle is yet to close, but if BTCUSD closes below EMA100, it is very likely to move lower.
- Our next target is sitting at EMA50 which is now $10,551. This is the level where Bitcoin will find support next if it closes bearish today.
- MACD and RSI are leaning towards the bulls. The RSI is gaining momentum down and signals a strong drop incoming. Here is the chart:
Bitcoin Bearish Short-Term (Aims at $11,000 or Lower) + Altcoins
Bitcoin Looking To Retrace, $10,400 Possible, Full Analysis!
Bitcoin Weekly Update (Bullish vs Bearish Potential)
Feel free to hit like if you want to show us some support.
Thanks a lot for reading.
Namaste.
You can see our previous analysis with altcoins market update below... Still valid:
交易结束:到达目标:
Target hit... A new update will be shared soon.
Thanks a lot for reading.
Namaste.
Thanks a lot for reading.
Namaste.
🔝 Altcoins & Bitcoin Charts!
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
For all of our readers, supporters and followers, here is a great trade for EOS Token (EOSU19):
EOSBTC:
The Ripple (XRPU19) trade is now aiming for our second target:
Dusk Network (DUSKBTC) Chart Is Looking Quite Bullish...