Technical Analysis for Bitcoin LONG - Possible downtrend incoming

in #bitcoin • 7 years ago

Potential sell signals ahead. An engulfing bearish occurred, within an RSI linear regression.
Gotta keep an eye on the EMAs, since if EMA20 will upper cross EMA50, that's a sell signal, as mid term trend is reverting.

Lower resistance line was broken as well. Bearish season ahead for BTC, this may definitely trigger the flippening.

What are your thoughts?

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#crypto-news #money #crypto #cryptocurrency
7 years ago in #bitcoin by
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     7 years ago 

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       7 years ago 

      1800$ is a given, 200 EMA is probable

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