YounessBHm

BTC going below the Deep Support Lv3...

COINBASE:BTCUSD   Bitcoin
Hello dear Trade viewers, It's been a little while since my last analysis of BTC. Analyzing the 4h Chart here,and as predicted couple days ago, BTC couldn't bounce at deep support Lv2, and kept falling toward the deep support Lv3. The EMA 50 and the EMA 20 are not showing any sign of crossing anytime soon no 'golden cross' in the horizon which will result on more lower values for BTC going further down to the 7k-6k zone.
As an additional proof the RSI is showing an oversold trend and the MACD larger volume in selling.
Upcoming scenario to expect is mostly really deep lower BTC value in the upcoming hours and days.

P-s: This just a humble TA analysis, nothing is 100% accurate in life there's always an element of surprise to keep in your equations.

YB
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