Bitcoin Aims At $9740 Followed by $9250 (Bearish Signs) Short
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅ XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:
- First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish.
- Bearish cross between EMA10 and EMA50.
- Bearish RSI, trending lower.
- Bearish MACD.
- Monday's can be bloody (red).
With also have a "rising wedge" that is breaking down.
All these signals are pointing to lower prices.
We are active with a short on 10X.
Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.
Namaste.