RealMcafee

Bitcoin (BTCUSD XBTUSD): bearish signals continue

RealMcafee Actualizado   
KRAKEN:BTCUSD   Bitcoin
Heavy selling at the 4h 20ma signalling bearish trend. On the way up this average was support.
Look how trend changes from support to resistance:
Are we done yet? I wait for break above these averages, if that is the case.

I suspect the fib channel shown will break down soon. In which case targeting 6k region.
Comentarios:
Keeps testing the 20ma
Comentarios:
Waiting for retest of 20ma
Comentarios:
Retesting 20ma for support.
Comentarios:
We are comfortably above 4h 50ma, this is a bullish move. Now first target is 20ma on day chart
Comentarios:
20ma hit! Let's see how big the retrace is, it may go back to 9500 maybe not. Eitherway the trend still looks bullish.
Comentarios:
50 day MA, expect a retrace here. A break above will see us reclaim 11200
Operación cerrada: objetivo alcanzado:
My current Bitcoin trade now closed

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