BTC/USD: Potential Change in Trend

2020年4月14日

BTC went through a strong bearish phase till middle of March and entered in to a weak rally till first week of April. Since then it has been showing signs of weakness as shown by the simple trend following (High-Low) mechanism on the chart.
If the current trend continues we may see 5850 and 4810 test.

I do not trade BTC and all the above views are personal.
Hit like if its worth.

Regards
JJSingh

2020年4月14日

註釋

2020年4月14日

註釋

On the hourly

2020年4月16日

註釋

Nice rejection from the resistance zone mentioned above.

2020年4月16日

註釋

2020年4月16日

註釋

A pullback can't be ruled out.