Bitcoin Aiming Lower, Next Move Mapped Short
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅ Here I've mapped the Bitcoin (XBTUSD) chart for you.
- First, notice the trendlines...
- We have a lower high.
- EMA10 being challenged as support.
- Indicators trending down.
- Bounce completed.
This setup can easily lead to lower prices.
Make sure to have a plan if you decide to trade.
This is not financial advice.
Namaste.