BTCUSD slipped the 12H SMA and slipped to the 50. Previously we had the 100 cross the 200 bullishly. The RSI showed hidden bullish divergence in orange and now a technical double bottom in blue (if it holds). If the 50 MA holds we are good, if not then don’t really worry unless we breach the 200w. I know we less than an hour into this 12h candle but so far it looks workable. We breach that and things will get grizzly.
It is a simple moving average system supplemented by some divergence. I wouldn't do market orders right now but hey, I am not your financial advisor, you do you.
It is a simple moving average system supplemented by some divergence. I wouldn't do market orders right now but hey, I am not your financial advisor, you do you.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
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