taryjaya

4h BTCUSD Update

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BITMEX:XBTUSD.P   Bitcoin
We are still in the bear channel, with the 50 EMA (Yellow) slowly getting father away from the 200 EMA (Blue). Price seems to be slowly fading to the down, with a possible falling wedge forming, which could give us a relief bounce to the upper line of the triangle.

My short setup is still in play.
Eyes open and safe trading folk.

Trading and analysis are two different skill sets. A tiny percentage of traders possess both capabilities. TA, investor and Developer. Space engineer - CFA
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