Second bearish crossing on H4 incoming - 21SMA & 100SMA
Bulls have a hard time fighting bears. We already saw two strong down-moves with little reaction from bulls.
Now we have formed another bear-flag. Additionally, we have been rejected as we approached the 21 SMA on the H1 timeframe.
Took a moderate short here and will take profits at the 6.5k level. Maybe just a bear-trap and BTC will fuck bears over with a massiv green candle.
Stay safe & cheers!
Now we have formed another bear-flag. Additionally, we have been rejected as we approached the 21 SMA on the H1 timeframe.
Took a moderate short here and will take profits at the 6.5k level. Maybe just a bear-trap and BTC will fuck bears over with a massiv green candle.
Stay safe & cheers!
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