AS I WAS SAYING FIRST TARGET AT 1H 100SMA IS DONE. Waiting for the price to reach our 2h 100SMA line and then we are going to wait to hit our 4H 100SMA.
The BTC starts looking weak and it's perfect time to long for a short. We are almost at the top of this run from last weeks and we can see that BTC made a perfect divergence pattern. My indicator shows me also that we are entering a mid-term bearish trend and there is a high chance that we are gonna fall much deeper than in last weeks. My target is clear and I'm...
In my first idea I was based on the 1H 100SMA line and I saw the price works very good with this line. If price come closer to the line with low volume there is a big chance for the price to bounce from it depends if we are above or below the line, but if the price come closer to the line with big volume there is also a chance for the price to crash that line and...
The idea was to hit the 100SMA at 1H chart earlier and this plan was good but it happen in a late chart and didn't expect that we can extend it like that. For now I have to wait to look what is gonna happen with volume and others things that can have a influent on the chart. Next BTC update soon and I will try to make it much clear.
Bitcoin many times have bounce from the 100 SMA 1H. Are we gonna see that he will bounce one more time this time??.