Long

BTC/USD last stand

Updated

This is it guys. BTC just touched an important support at the confluence between MA200 and a major fib level. There's a decrease in trading volume with each lower low, so this might be a good sign. I guess it's now or never to buy the dip. Moon or DOOM!

Note

guess it's the DOOM version of the analysis. :)

We are in a parabolic decline. This has to turn around at some point. At least make a run towards the 12k area and then decide if that's too much of a resistance.

adi0149

Also on:

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.