Dear all, This chart is the daily BTC in the most simple of charting. I use these primary techs to evaluate a trade so here you go 1) PSAR is about to Cross 2)MACD is tight and about to Cross 3) Bollinger B% forme a J hook-Good indicator for trend reversal 4) 200dEMA is close to crossing 5) Candles are moving away from lower Bollinger.
All Good signs-Need MACD Cross over Need PSAR Cross over If those occur 200dEMA will cross too.
If that happens then All indicators UP and IN. This is a critical inflection point!
200 EMA is acting as resistance---Push-Push-Push!!!
gusccbb
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Hi, good post. XRP crossed the EMA50 4H. Now XRP has fuel to go towards $ 1?
cryptomaster1
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Just wondering those this mean we going up or down - rather confused.
ramonbenavides12
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That"s a good question. There is a battle between the bears and bulls right now. A value of 9k or high means the bulls won but it is entirely possible the bears comeback harder....It really is the critical point for the industry.....it can go both ways. Thats why I say there must be clear crossovers to the PSAR, MACD add and Arroon....Elliots may or may not work because they are usually for trends...If we break 9 then expect a pulse and then consolidation.....nothing ever reverses without that.