BitcoinUpdated BTC- very suspicious as Ma50/Ma150 and Ma20/Ma200 Bearish cross
on the 8 day candle ( which has just closed ) the Ma20/Ma200 and Ma50/Ma150 are crossing bearishly .
When this has occurred in the past it has resulted in a move down and I'm expecting that may play put here also .
When this has occurred in the past it has resulted in a move down and I'm expecting that may play put here also .
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In additional the 5 month candle which has also just closed has always started with the next candle wicking to around the bottom wick of the previous candle .Hence im expecting a move down at least to the 18k area or lower again
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Also the triple cross ( the MA20/MA150 , EMA100) , cross taking place on the 12 day candle chart below has in the past resulted in drops lower 
for example here
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and here in 2018 
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on the other hand if BTC is indeed moving up higher then I expect to see a very large bullish green candle that pushes up to the 25000 level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.