Dear Friend,
Greetings and Welcome,
As discussed in my previous idea, the week is about to close in ~6 hrs, but we are still short of $1200 from our target 200 Weekly SMA($22427 ), which is not a good sign.
It is such a bad sign that it never happened in almost all known history of Bitcoin.
To take any position, we need to watch these signs in the next 24-48 hours:
Note: 200 Weekly SMA indicator is available in the indicators drop-down menu. Just search 200 to get it.
We Hope It Helps,
Take Care and Stay Blessed
LODWhalez :)
Greetings and Welcome,
As discussed in my previous idea, the week is about to close in ~6 hrs, but we are still short of $1200 from our target 200 Weekly SMA($22427 ), which is not a good sign.
It is such a bad sign that it never happened in almost all known history of Bitcoin.
To take any position, we need to watch these signs in the next 24-48 hours:
- 1. Do we close 2nd week below 200 Weekly SMA?
- 2. The monthly chart of BTC is also ugly.
- 3. Stocks, especially NASDAQ, should not crash further.
Note: 200 Weekly SMA indicator is available in the indicators drop-down menu. Just search 200 to get it.
We Hope It Helps,
Take Care and Stay Blessed
LODWhalez :)
