Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Descripción
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Looking at Bitcoin (BTCUSD) on the 1H Time Frame, a drop is already in place:
Trading below EMA10 and EMA50.
Challenging EMA100 to the downside.
Gaining momentum.
Indicators bearish.
Volume coming in.
We are looking for support around EMA200 or $7800 first, followed by $7700 and finally $7600. This is a short term analysis.
Conditions for change: If BTCUSD can remain above $7900, move up and close above EMA10, the above signals become invalid and a new analysis is needed. As long as BTCUSD remains below EMA10 and EMA50 the bearish potential remains.
Thanks a lot for reading.
Remember to hit like.
Namaste.
Comentarios
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"Conditions for change: If BTCUSD can remain above $7900, move up and close above EMA10, the above signals become invalid and a new analysis is needed. As long as BTCUSD remains below EMA10 and EMA50 the bearish potential remains. "
@f4136936, This is a short term analysis, below my longer-term view shared yesterday (25-May)
"Conditions for change: If BTCUSD can remain above $7900, move up and close above EMA10, the above signals become invalid and a new analysis is needed. As long as BTCUSD remains below EMA10 and EMA50 the bearish potential remains. "
Alan Masters clearly predicted a move to the upside:
Thanks a lot for the support.
Namaste.
emrelg
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good call but failed again.
emrelg
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@emrelg, Told you from 7 hours :D thank to me alan followers.
AlanSantana
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@emrelg, This is a short term analysis, below my longer-term view shared yesterday (25-May)
"Conditions for change: If BTCUSD can remain above $7900, move up and close above EMA10, the above signals become invalid and a new analysis is needed. As long as BTCUSD remains below EMA10 and EMA50 the bearish potential remains. "
Alan Masters clearly predicted a move to the upside: