Bravetotrade
Short

BTC/USD: Potential Change in Trend

GEMINI:BTCUSD   Bitcoin / U.S. Dollar
BTC went through a strong bearish phase till middle of March and entered in to a weak rally till first week of April. Since then it has been showing signs of weakness as shown by the simple trend following (High-Low) mechanism on the chart.
If the current trend continues we may see 5850 and 4810 test.

I do not trade BTC and all the above views are personal.
Hit like if its worth.

Regards
JJSingh
Comment:
Comment: On the hourly
Comment: Nice rejection from the resistance zone mentioned above.
Comment:
Comment: A pullback can't be ruled out.

Comments

Excellent...! I have created very short term trade for BITCOIN by using channel and C price. :
Reply
Bravetotrade Kinnari_Prajapati
@Kinnari_Prajapati, Thanks. That channel may work for future trades.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out