UnknownUnicorn4304403

50 MA and 200 MA Squeeze BTC 1 hr 7/20/2019

BINANCE:BTCUSDT   Bitcoin / TetherUS
Well we seem to have broken my uptrend. Thats not the end of the world though. Right now we are currently battling to get above that 200 MA. It has been acting as a significant source of resistance for a while. Right now the 50 MA is sneaking up from the bottom to provide the candles with support. Well the 200 MA and the 50 MA will cross soon and the candles will break out if they keep getting coiled between the 2 MA's. We are still climbing that daily cloud. If we can keep that up we should be back to 11500 in a few days. But WTFDIK? We are trading at 10569 and BTC dominance is at 68%. I will bee keeping an eye on things.
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