4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Technical Analysis for Bitcoin LONG - Possible downtrend incoming

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?

tvc_da848d25409782194782d8ddd770f05a.png

3 upvotes $0.00

Replies (3)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: