Just something to consider if you are thinking of FOMOing in right now...
We're hitting strong resistance in the form of major movings averages on multiple higher time frames, including the monthly 21 EMA and the daily 200 EMA.
Also - the 4hr cycle channel oscillator is topping out, and you can see what's happened every time it has done that thus far in this bear market.
Standard disclaimer: Bitcoin can ALWAY go in either direction and this is not financial advice.
We're hitting strong resistance in the form of major movings averages on multiple higher time frames, including the monthly 21 EMA and the daily 200 EMA.
Also - the 4hr cycle channel oscillator is topping out, and you can see what's happened every time it has done that thus far in this bear market.
Standard disclaimer: Bitcoin can ALWAY go in either direction and this is not financial advice.
Note
Appears to be playing out exactly like before...
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.
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.