But wait, before we go there, here is our full Bitcoin ( XBTUSD ) SHORT trade:
Now, for Bitcoin ( BTCUSD ), prices are now moving below EMA10, which would switch our potential from to if the current candle closes below this level. EMA10 is sitting right now at $9722.4.
- We have divergence with the and .
- And we also have trading going lower while the is showing a cross.
So we have multiple signals pointing to a drop.
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