Wednesday 9 September 2020

Bitcoin BTC: Down 14% since the cloud chart sell signal! Next key support zone:9622!

 Bitcoin BTC: Down 14% since the cloud chart sell signal! Next key support zone:9622, top end of the old cloud chart shadow.

BTC had a strong rally since the initial buy signal and up +29% since the cloud chart buy signal back in July. 

Then came the sell signal above the cloud after BTC became quite extended from the top end of the cloud!


Price action below the cloud is bearish from a cloud chart trading perspective!


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