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The 10 - day MA seems to have shed the bearish bias, but the 5 - day MA is still sloping downwards
in favor of the bears.
The long - term momentum of TAN is definitely in
favor of the bears.
Currently, the short - term momentum is in
favor of the bears.
However, the chart pattern still remains in
favor of the bears.
There would be a rise in volatility today or tomorrow, which would most probably be in
favor of bears.
Instead of entering this swing trade setup based purely on anticipation of the pattern working, our technical trading system mandates that we first wait for price confirmation that indicates momentum has shifted back in
favor of the bears.
A weekly close below 246.30 will push the momentum in
favor of the bears.
The short - term chart pattern is certainly in
favor of the bears.
A weekly close below 21.07 would push the long - term direction in
favor of the bears.
ex4 gets seen within its window (usually aligned below the 0.00 level, while an accompanying red downward pointing arrow gets placed on the activity chart above the price bars (refer to Fig. 1.1), price is aid to be tilting in
favor of the bears.
A decline in bitcoin prices to $ 6,400 would turn the market in
favor of the bears, technical analysis suggests.
The above chart shows a bearish doji reversal, as represented by Monday's inverted bearish «hammer» pattern (also known as a shooting star) and Tuesday's negative follow - through (drop below $ 11,000)- all of which suggests the tables have turned in
favor of the bears.
Bitcoin's 28 percent drop this week has turned the tide in
favor of the bears, but a sustained break below $ 8,000 looks unlikely in the short - run.
Meanwhile, 50 - day MA is sloping downwards in
favor of the bears.
Bitcoin's 28 percent drop this week has turned the tide in
favor of the bears, but a sustained break below $ 8,000 looks unlikely in the short - run, the price charts indicate.
The 5 - day moving average (MA) and the 10 - day MA are sloping downwards in
favor of the bears.
That said, the gains will likely be short - lived, as the 50 - hour MA, 100 - hour MA and 200 - hour MA are all trending lower in
favor of the bears.
Bitcoin's 28 percent drop this week has turned the tide in
favor of the bears, but a sustained break below $ 8,000 looks unlikely in the short - run, the price charts...
Further, the 5 - day MA and 10 - day MA are sloping downwards in
favor of the bears.