Bitcoin Aims At $9740 Followed by $9250 (Bearish Signs)

16 Feb 2020

XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those:

• First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish.
  
• Bearish cross between EMA10 and EMA50.
  
• Bearish RSI, trending lower.
  
• Bearish MACD.
  
• Monday's can be bloody (red).
  

With also have a "rising wedge" that is breaking down.

All these signals are pointing to lower prices.

We are active with a short on 10X.

Make sure to hit LIKE if you would like to see the full trade details, we will share at 111 likes.

Namaste.

16 Feb 2020

Catatan

Previous chart | Bitcoin Aiming Lower | $10,000 Will Break | Where To Next?

17 Feb 2020

Catatan

💎@BBLREGBOT
Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Next target.

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.

Date: 15-Feb. | 12:06 PM GMT-4

19 Feb 2020

Catatan

Trade: SHORT XBTUSD | Bitcoin

Leverage: 10X

Buy-in: $10150 - $9900

Targets:

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Next target.
4) $8890

Stop-loss: Close daily (D) candle above $10600

Liq. price: $11,020
(Buy-in calculated at $9974)

Potential profits: 122%

Capital allocation: 5%.

26 Feb 2020

Catatan

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
*) $9105 |Hit (+95%)
3) $9077 |Next target.
4) $8890

26 Feb 2020

Catatan

Trade closed.
ALL TARGETS HIT.

Targets:

1) $9555 |Hit (+44%)
2) $9280 |Hit (+75%)
3) $9077 |Hit (+99%)
4) $8890 |Hit (+122%)

ENJOY THE PROFITS.

Namaste.