BitcoinShort
Descending Triangle BTC Daily & Macd EMA9 Crossed Signal Line
On the Day Chart we have a Descending Triangle Forming. With the Price Target Aligning Well with the 200 Day MA At 33,000. I'd Expect This Being a Quick Correction As We've Had a Golden Cross on the Weekly Which Can take a Couple Weeks to Really Take Effect, So i'm expecting this to be the last down draw
Don't be psyched out this is crypto!
We also have the Moving Average Convergence Divergence Line Where the EMA 9 has Crossed the Signal Line After a Sell Signal Has Been Called
Don't be psyched out this is crypto!
We also have the Moving Average Convergence Divergence Line Where the EMA 9 has Crossed the Signal Line After a Sell Signal Has Been Called
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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.