i will make it extremely simple, look back at my previous 2 IDEAS and both happened just like i predicted ! first i said if we do not have a volume coming in to the market we will go back to under $9200 and ignore any pump you see, the second one was that if we break the 100EMA we will retest the 200 EMA, and just as predicted both happened, now i am telling you...
Technical for bitcoin are looking extremely bearish, i mean if you look at the charts ( and remember at the most fundamental level, supply and demand in the market determine price ) there is nothing pointing that bitcoin will bounce back at this moment, the last hope for bitcoin to recover is if we can closes the weekly candle over the 21 ema at around $9200. If...
there is no signs that bitcoin will be reversing in the short term until we see some volume coming in, no need to apply a million indicators to confuse us. The only indicator you really need is price and volume. It"s clear like water, we are in a downtrend. Volume is the only indicator that will tell us what our next direction is, market can change %5 in either...
Bitcoin at $9700, going straight to the 100 ema as predicted yesterday, if you still have an open position on btc i would put a stop lost under the 100 ema ($9500) at 1 pip ($685) at $8815, if it break the 100 ema and the 100 ema becomes resistance, were definitely looking to retrace to the 200 ema $8084, . . . #bitcoin #ethereum #litecoin #bitcoincash #cardano...