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More Bitcoin Short-Term | RED/Bearish Signals Listed

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Would you like for me to continue with the short-term updates?
Please leave a comment and let me know...

Here we are looking again at Bitcoin (BTCUSD) on the 1H timeframe; short-term... This is what we have.

  • Prices remain trading below MA200 (black line) = bearish.
  • Prices are also trading below EMA10/50/100 = bearish.
  • Bearish cross of EMA10 and EMA50.
  • MACD bearish cross with histogram going red (pictured below).
  • RSI Moved below 50 and bearish STOCH (pictured below).
  • Trading volume still low = neutral.


MACD
syot kilat

RSI + STOCH
syot kilat

Bitcoin is likely to go below $9100 on the next drop.

Conditions for change
The charts are always changing... If prices move and close above MA200 ($9279.7), the above bearish signals are invalidated and a new analysis is needed.

Thanks a lot for reading.

Namaste.

Nota
The response is very clear... Thanks for the feedback.
I shall continue sharing these.
Nota
Going as charted... Some altcoins:


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🏆 ARPABTC (+322%)
alanmasterstrades.com/arpabtc133-arpa-chain-trade-signal/

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Bluzelle (BLZ) Gains Momentum on High Volume (Next 120% Mapped)


🏆 RLCBTC (+187%)
iExec RLC Analysis With 125% Easy Target Mapped


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Nota
New update on the 4H timeframe with targets/support levels for Bitcoin (BTCUSD)
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Nota
"Editors Pick's"... Looks like Trading View's editor must not like me... 😊
Nota
I am not worried... I've been discriminated against before.
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It is going lower as charted...
Nota
Latest update
Bitcoin Daily Update (No More Bearish Signals...)

Penafian

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