XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:
With also have a "rising wedge" that is breaking down.
All these signals are pointing to lower prices.
We are active with a short on 10X.
Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.
Namaste.
- First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish.
- Bearish cross between EMA10 and EMA50.
- Bearish RSI, trending lower.
- Bearish MACD.
- Monday's can be bloody (red).
With also have a "rising wedge" that is breaking down.
All these signals are pointing to lower prices.
We are active with a short on 10X.
Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.
Namaste.
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