BitcoinLong
BTCUSD Y’ALL need the 12h chart
BTCUSD slipped the 12H SMA and slipped to the 50. Previously we had the 100 cross the 200 bullishly. The RSI showed hidden bullish divergence in orange and now a technical double bottom in blue (if it holds). If the 50 MA holds we are good, if not then don’t really worry unless we breach the 200w. I know we less than an hour into this 12h candle but so far it looks workable. We breach that and things will get grizzly.
It is a simple moving average system supplemented by some divergence. I wouldn't do market orders right now but hey, I am not your financial advisor, you do you.
It is a simple moving average system supplemented by some divergence. I wouldn't do market orders right now but hey, I am not your financial advisor, you do you.
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