After the price action cannot manage to get through 200 EMA line.. 8200 satoshi.. The downtrend is confirmed by the downward price movement and break the descending triangle toward bearish area.
from stochastic RSI and MACD shown a continuation of downward trend ;


Support #1 : +- 6100 satoshi
Support #2 : +- 5500 satoshi
Resistance #1 : +- 8000 satoshi
Resistance #2 : +- 8500 satoshi
please let me share what your thought/idea/chart about this idea in the comment section..
peace
from stochastic RSI and MACD shown a continuation of downward trend ;
Support #1 : +- 6100 satoshi
Support #2 : +- 5500 satoshi
Resistance #1 : +- 8000 satoshi
Resistance #2 : +- 8500 satoshi
please let me share what your thought/idea/chart about this idea in the comment section..
peace
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.