Bitcoin's Possible Downtrend
Bitcoin continuing it's downtrend with distributions. Right now it's in a distribution zone(down flag formation).
Important levels = 21,900 - 20,800 - 19,600 - 18,100 - 17,650
Indicators:
Fast MA = Shorth
Slow MA = Long
Momentum = Neutral
ADX = 19.56 (No Trend)
Important levels = 21,900 - 20,800 - 19,600 - 18,100 - 17,650
Indicators:
Fast MA = Shorth
Slow MA = Long
Momentum = Neutral
ADX = 19.56 (No Trend)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.