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Smokeyfish
17. Jun. 2020 05:35

BTCUSDT next move. Going down the trendline Short

Bitcoin / TetherKuCoin

Beschreibung

PLAY BY PLAY

We have been on months long ascending triangle pattern
Rejected at 10k several time , over and over again
BTC broke a lower main trendline of our pattern
BTC bounced back to 9500's quickly

Whats it going to do??

RSI is getting lower
We have identified a longer tern downwards trendline that is supported many time currently and in the past showing a decline out of the triangle

Bitcoin is in a big move up or down????

1. Declining Volume
2. Rejections off the top are strong keeping it going further
3. Declining Rsi showing a downtrend we arent done with

Kommentar

kept going sideways , but still in line for a drop to trend line
Kommentare
SUPERBVD
Couldn’t agree more!!
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