Clockwork Bear flags, massive sell walls coming and going, and hungry institutional players sitting like wolves. Love to hear why I might be wrong though. Please comment below
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Did I mention the the 50 day SMA falling below the 100 day at the exact point where the blue pennant is due to break down ?
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Approaching 200 SMA looking for support...? Naaah... don't think so. That red candle will give birth to an other one (almost exactly same) until it reaches 565. Please comment if you think differently and "Like" if u agree. Thanks!
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up for the rebound
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Still going down as told on march 13th.
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50% short. Now that's something you don´t see every day ;)
Allot of people use volume to confirm other indicators, does this work well?
If it would cross now, would this be confirming that a trend change has already taken place?
In hidsight it was probably sometime in the newyear ;) ahaha
@BarrenWaffe, bitcoin's 50 and 100 day SMA are almost the same line now. This is thin ice, specially for ETH which is still coupled in some way to BTC's price action. I see death.
Thanks for the comment!!
If it would cross now, would this be confirming that a trend change has already taken place?
In hidsight it was probably sometime in the newyear ;) ahaha