BTCUSD : Giving me mixed signals … just like girls.
Mixed signals comming from BTC. Here are some I identified.
I hope they will help you in your analysis!
Bullish:
-Double bottom around 30k. As seen on 4H chart.
-Support on the 1D MA50. As seen on 1D chart.
Bearish:
-Downward cross (Death cross) of the 4H MA50 and MA200.
This might be a very important signal since last time it happened we saw a 15% drop.
We are also seeing the MACD closing in on the signal, but it is still far from it so I don't make too much of it yet.
Thank you for taking the time to read!
I hope they will help you in your analysis!
Bullish:
-Double bottom around 30k. As seen on 4H chart.
-Support on the 1D MA50. As seen on 1D chart.
Bearish:
-Downward cross (Death cross) of the 4H MA50 and MA200.
This might be a very important signal since last time it happened we saw a 15% drop.
We are also seeing the MACD closing in on the signal, but it is still far from it so I don't make too much of it yet.
Thank you for taking the time to read!
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