Per my last post on May 14th, Bitcoin has violated 24159 at touched a low of $18000 over the weekend.
The long term trend has broken to the downside and a confirmation can only be made at the close of June.
A break of the monthly uptrend that started with a long at 10491 on 030619 finds the next support just above the SSSA line on the monthly charts at 10000.
Long Term UPTREND since 030619
Medium Term PULLBACK since 030122
Short Term DOWNTREND since 110422
PIVOT 26153
Short positions below 26153 for 10000
Long positions above 26153 for 33854 and 65579
The long term trend has broken to the downside and a confirmation can only be made at the close of June.
A break of the monthly uptrend that started with a long at 10491 on 030619 finds the next support just above the SSSA line on the monthly charts at 10000.
Long Term UPTREND since 030619
Medium Term PULLBACK since 030122
Short Term DOWNTREND since 110422
PIVOT 26153
Short positions below 26153 for 10000
Long positions above 26153 for 33854 and 65579
Quant Strategic Singapore
