Bear Trap? XBTUSD 1H Timeframe

Aggiornato
Prices for XBTUSD dropped and moved below EMA100 but found support at the 0.786 Fib. level, now we see prices moving back up.

Is this a bear trade?

We also a bullish divergence with the MACD and RSI.

As long as prices stay above $6635.5, XBTUSD can still go up (bounce).

If prices move and close below $6635.5, Bitcoin is likely to continue lower... Let's see how it goes.

Namaste.
Nota
Going good so far.
alanmastersaltcoinsBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitmexbittrexcryptoTechnical IndicatorsTrend AnalysisxbtXBTUSD

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Anche su: