taryjaya

BEARISH SIGNAL BTCUSD

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BITMEX:XBTUSD.P   Bitcoin
Bear cross of the fast EMA (White) crossing the long EMA (Red), the previous 2 times we had such a cross, we dropped back to the bottom of the support line on the ascending triangle. Adding to this, this time we couldn't even keep the crossing of the white EMA on the red EMA more then 5 days, which lead me to be bearish, possible outcome the testing of the 9400-9200 region, where we can find the 128 EMA and bottom of the triangle.

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