DrDovetail

Will the 50EMA bounce up off the 200 or trigger a death cross?

BITFINEX:BTCUSD   比特幣 / 美元
This is a big deciding moment...the price wants to flirt with the support line of 9500 on the depth chart that I spoke of in the last idea. however we see the last 4 hour candle closed as a dragonfly doji , which is indicative of a bull reversal...the RSI is also approaching the oversold zone...9500 is also still the price dip that if it were the deepest dip of the head and shoulder patterns right should would make its trendline parallel with the necklines trendline . best to do a test vuy as close to 9500 as the price is willing to let us get and be ready with an immediate stop loss if it goes under your buy in.
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