2Hr chart of CBP.
After rolling off the $6.2K table, BTC stablized at $5.5K for about 4 days, then rolled off that table to $4.2K-$4.4K for about 4 days, then rolled off the table again. The 100 Hr SMA (orange line) is pretty straight and down.
We've been bouncing around between $3.6K and $4.0K (with the exception of the wick to $3456.78) for a little less than 3 days. The 200W SMA is about $3133. If it doesn't roll off the table again in the next 1-2 days, it might mean something.
After rolling off the $6.2K table, BTC stablized at $5.5K for about 4 days, then rolled off that table to $4.2K-$4.4K for about 4 days, then rolled off the table again. The 100 Hr SMA (orange line) is pretty straight and down.
We've been bouncing around between $3.6K and $4.0K (with the exception of the wick to $3456.78) for a little less than 3 days. The 200W SMA is about $3133. If it doesn't roll off the table again in the next 1-2 days, it might mean something.