quantmaven

Bitcoin: Effective Indicator For Tops In Bear Downtrend (part 2)

Viés de baixa
BINANCE:BTCUSD   Bitcoin
I wrote yesterday that the 25-bar 4H moving average is an excellent indicator to find tops in a bear downtrend. The price of bitcoin has been hovering around the critical pivot for many hours, without closing above the moving average. Price seems to have resolved to the downside, which is a bad omen for bitcoin. A retest of 29-30K is more likely at this point.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.