2Legit

Bear Trend Continuation

BITMEX:XBTUSD.P   Bitcoin
Well here we are again another drop another day. As you can see if youy look the 200 day ema keeps moving along putting downwards pressure on the price. You can see that we just continue to make wedges make a failed bull break up then break down right after 3 times in a row since the failed inverted head and shoulders. There was however a lot of buying volume after the last drop. Ill keep throwing some different views on this price action to watch out for all this week.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.