MohammadhosseinMoshkelgosha
Short

Failure after Failure in BTC

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
210 views
8
Some people like charts crowded with multiple indicators, oscillators and lines, some other people like simple working charts!
For those who like simple charts:
1- Bitcoin failed to cross up its down trend line twice in the May and made a Double Top pattern.
2- Bitcoin has crossed down 10 days SMA (low) and 20 days SMA (close).
3- Bitcoin has just penetrated the up trend line since March 13th.
If you are not convinced that Bitcoin is going to sink down, wait for the coming weeks!
Trade closed: stop reached

Comments

Finally a chart with numbers big enough to read. Thanks!
Reply
@fastcasher, you’re welcome
Reply
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