BTC Middle Term Down Trend continuation!

By FreedomBuilder | Trading The King of Crypto | 22 Jul 2022

High confluence on 4 indicators towards a continuation of down trend!!!

- The MA 62 as resistance.

- The 50% of Fibo

- The hidden bearish divergence.

- The "Long Wick Candle" pattern, it shows us that the sellers are starting to come back while the buyers are closing their positions.

https://www.tradingview.com/x/zaRF2o8N/

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Bitcoin (BTC) Technical Analysis Tether (USDT) Binance Exchange Bear Market

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FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.

Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???