BitcoinShort
THE BITCOIN BULL RUN RAN OUT OF STEAM, [BTC] BREAKING DOWN SOUTH
Updated
BITCOIN just broke down today below the rising purple trendline, and below the 50ma (in orange), and retested both.
This could mean a further downward direction towards the support levels of T1, T2 and T3 levels shown on chart.
The falling blue trendline, now acting as resistance, is drawn from the recent high of 5-5-2018 and the 17-12-2017 high.
Good luck trading!
// This info is for entertainment purposes only. NOT a recommendation to buy or sell //
This could mean a further downward direction towards the support levels of T1, T2 and T3 levels shown on chart.
The falling blue trendline, now acting as resistance, is drawn from the recent high of 5-5-2018 and the 17-12-2017 high.
Good luck trading!
// This info is for entertainment purposes only. NOT a recommendation to buy or sell //
Trade active
What a beautiful breakdown on the 1min! almost like a waterfall
Note
Targets 1 & 2 reached :)Currently BTC on its way to find support on T3 level 8371
Good luck traders!
Trade closed: target reached
All 3 targets reached :)If a confirmed breakout occurs below 8371, it's a selloff again with targets 7882 and 7359
Good luck trading!!
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