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Bitcoin Likely To Move 1 Level Lower

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Bitcoin (XBTUSD) continues to print weakness while many altcoins are printing strong charts vs Bitcoin... We are likely to drop.

On this chart we have the MACD going below zero while the RSI is now below 40, both looking bearish.

Prices managed to close below EMA10, EMA50, and EMA100.
We also have multiple lower highs...

Even on a bounce, strong resistance is still ahead.

Bitcoin is likely to drop... What's your take?

Namaste.
Nota
Previous charts | Jun 21
Bitcoin (XBTUSD) Aims Lower On 4h Timeframe


Jun 17
Bitcoin Move Lower Targets ($9125 or $8600?)


Jun 2
Bitcoin (XBT) 4h Chart Analysis
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Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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Beyond Technical AnalysisTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017

🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%

More 👉 t.me/masteranandatrades/6681
Também em:

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.