BITCOIN RANGING BETWEEN MOVING AVERAGE 100 and 200

in #bitcoin6 years ago

3rd consecutive red candles making lower lows. Fall below mean reversion red line. Possible new uptrend channel if the candle bounce off. Candles moving within the 100 and 200 day moving average. If the break below, next support level around mean reversion lower channel around 8600 zone.

Screen Shot 2018-05-09 at 2.02.12 pm.png

Short term moving average : almost cross, trend reversal
RSI : -
Depth Chart : wall still around 10k
Weekly Timeframe : -

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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Hi onepercentbetter,

I am surprised to see BTC bearish already when it is only Tuesday.

@hanamana good to see you dropping by. what do you see for btc

Today, Friday, as usual bearish and will go back up on Monday for sure to Tuesday.

there's a inverted hammer yesterday, let see how it goes =)

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