BTC bulls have completely disappeared the last two days, with an extremely weak 4 hour bounce into a bear flag
which is resulting in the weak daily bounce as a potential bear flag.
With a break we will be looking to $3,000 psychological.
We have to constantly remind ourselves... we can always go lower.
The bulls are proving nothing on the longer term time frames, and as long as bulls keep the mindset of:
"Not interested as long as daily EMA 12 is resistance" It can keep them from over trading and fighting the trend.
Many alt coins have no support under current lows and continue to be prime for bears and shorts to see gains.
which is resulting in the weak daily bounce as a potential bear flag.
With a break we will be looking to $3,000 psychological.
We have to constantly remind ourselves... we can always go lower.
The bulls are proving nothing on the longer term time frames, and as long as bulls keep the mindset of:
"Not interested as long as daily EMA 12 is resistance" It can keep them from over trading and fighting the trend.
Many alt coins have no support under current lows and continue to be prime for bears and shorts to see gains.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social