Bitcoin 1 day chart 10/3/2019

Тема в разделе "English", создана пользователем Trading Ideas, 4 окт 2019.

  1. Trading Ideas

    Trading Ideas Участник

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    Bitcoin 1 day chart 10/3/2019
    Bitcoin / TetherUS BINANCE:BTCUSDT
    HeisenbergBTC
    fvz4cfy9_mid.png
    I am taking a look at the 1 day chart today and I am seeing a bearish outlook. We have been attempting to reclaim the high ground above the 200 MA for days now with no luck. We haven't created a higher high and daily volume is declining. Outlook is just bearish . As I illustrated on the chart this looks like a bear flag to me. If that is the case its only a matter of time before we drop again. that 50 MA took a hard turn downward and is going to cross the 200 MA soon which may lead to a bit more despair for the bulls. Bolinger bands are still wide so It may take a bit before we drop , but Ive seen crazier things happen. RSI is still low which is a ray of hope for the bulls. The only way we are going to move up is if we can beat the 200 MA first and from the looks of it the 200 MA is pretty strong resistance. I think these bears are out for blood. (WTFDIK)
     
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