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EMA200 Flattening, and EMA50 descending. Look out for entries.
Bitcoin / Tether
Long
EMA200 Flattening, and EMA50 descending. Look out for entries.
By lpninja
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May 18, 2022
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May 18, 2022
The recent LUNA, and UST fueled correction has driven down the price of BTC indirectly.
EMA200 is flattening but not trending downwards yet.
EMA50 is trending downwards.
We see a consolidation for another 3-4 weeks.
Indictors used: Demark, Stock to Flow v6, EMA's and volume at price
Trend Analysis
lpninja
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