AlanSantana

Bitcoin Weekly | EMA10 Likely To Be Tested At $9000-$9150

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD ( Bitcoin ) weekly just closed last week on a bearish candle, sending out a reversal signal.

On BitFinex prices peaked at $10,491 after breaking above EMA10 and EMA50. Now that momentum is being lost and a bearish candle has been printed on low volume , these same levels that worked as resistance will now be tested as support.

On the weekly timeframe , Bitcoin ( BTCUSD ) is now aiming at $9090 or EMA10 first.

If EMA10 is broken with good strength and volume , EMA50 at $8261 will follow... Here you can look at it closer on the 4H timeframe: Bitcoin Aims At $9740 Followed by $9250 ( Bearish Signs)

Conditions for change
If BTCUSD moves back up and closes above $10,500, the above signals become invalid and a new analysis is needed.

This is not financial advice.

Namaste.
Comment: ✳️ Storm Continues, Strong Move Possible If...
(My money is on Storm... it is already moving)

✳️ Mossland (MOC) Grows by 950% in 60 Days (What Else?)

✳️ Theta Token vs TetherUS | Retrace Within Ascending Channel

✳️ Mainframe Breaks Out of Descending Channel | 108% Target Mapped

✳️ Selfkey Ready To Jump Anytime (200% Mapped)

🔝Charts & Free PREMIUM Trades On Telegram
https://t.me/ascryptocurrency

🔥 4 PREMIUM Telegram channels
📩 Email me to join now! ascryptotrades@pm.me
------------
🌟Binance Calls (BC)
🟥Trading Crypto (TC)
🔹Leveraged Trades (LT)
🟢Trade Stable (TS)

Related Ideas