Hello Dear CryptoCholics Followers,
After Bitcoin got rejected from 200 day moving average (orange), we saw a major drawback to the 50 day moving average (green).
The blue region is important, meaning that we should see bitcoin stay strong above 50 MA, otherwise a previous trend line can be tested looking for a new support to hold on.
Our Fckr indikator is still RED, meaning that the trend is not bullish!
In addition MACD is not bullish.
You can follow arrows for possible scenarios.
PS: You can follow us from social media to be tuned with latest news and discussions by searching CryptoCholics.
Disclaimer: This is not a financial advice, always make your own research and evaluate what we share here.
BESTS, CryptoCholics out, Peace out
After Bitcoin got rejected from 200 day moving average (orange), we saw a major drawback to the 50 day moving average (green).
The blue region is important, meaning that we should see bitcoin stay strong above 50 MA, otherwise a previous trend line can be tested looking for a new support to hold on.
Our Fckr indikator is still RED, meaning that the trend is not bullish!
In addition MACD is not bullish.
You can follow arrows for possible scenarios.
PS: You can follow us from social media to be tuned with latest news and discussions by searching CryptoCholics.
Disclaimer: This is not a financial advice, always make your own research and evaluate what we share here.
BESTS, CryptoCholics out, Peace out
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。