BTC Being Bearish !!
Updated
As I have mentioned in the previous chart there would be downwave around USD 11600 and Wwith recent downwave trending lines clearly indicating the path for Bitcoin and Exponential Moving Average line in pink is also not much in support for a pump.
This slight upwave should not be there for long and we may see drop around USD 7400 level.
Bitcoin was unable to break the major trend line in red and also the neckline formation in green and for me BTC is bearish.
I request for likes & comments, It would help me to achieve reputation to make comments in threads.
This slight upwave should not be there for long and we may see drop around USD 7400 level.
Bitcoin was unable to break the major trend line in red and also the neckline formation in green and for me BTC is bearish.
I request for likes & comments, It would help me to achieve reputation to make comments in threads.
Note
BTC movement should be in between trending lines blue and red.I request for likes & comments, It would help me to achieve reputation to make comments in threads.
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