Only a close above 9.2k could revive bitcoin

2018年5月2日

Hi folks!

Maybe I'm too stoned but I have one thing to confess: bitcoin worries me. Taking a look at the 4 hours chart, btc find itself in the middle of a disjunctive. It has already been rejected when it tried to get above the MA-10 (in red) but still finds resistance on the MA-50 (in yellow).

We still have the current four hours session and one more to close the day. Let's see if bulls can gain momentum. I doubt it though.

2018年5月2日

註釋

If you don't like my fire then don't come around, cause I'm gonna burn one down... Yes folks, I might be really stoned but I can see how that MTF 50-MA is working as stiff resistance for bulls.

2018年5月2日

註釋

let's hope it turns to support now and take us to 9.5k.