MarxBabu
Short

BITCOIN -Be Ready to catch this out of channel Downtrend

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BITCOIN in all the time frame poise to break the long continued channel.It is about to break the second long channel.

The price is very near to the lower support slope &
The price is very weak on the upper resistance channel higher slope

This is the indication the big fall is to come soon.

What is the target 4800 is the target in week time.

One important aspect is that in all the timeframe the price followes this channel for sure it will go down.

Bullish traders must close the position as it is nearing short trend.


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BTC & ETH crashed!!!! BTC has dropped to 4960 in Coinbase, just shy of 160 points of your prediction (4800). Let me share some good news here. For the first time in more than 2 years, I feel like, I am finally on the right side of the market. I have won 90% of my trades so far. Thank you for making a massive difference in my life, my friend. Keep up the good work and keep coding!!!!
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MarxBabu RaniNair
@RaniNair, appreciate your feedback.
+1 Reply
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