21 EMA crossing the 50 SMA on the weekly has meant significant downside. Will history repeat itself? Also grinding on the monthly 21 EMA. Fall below that and ouch. messed this one up.... Publishing skills are not there yet
Touching the bottom of this resistance box 7600-7800. This also has the 50 daily MA bearing down on it within the resistance box, pun intended. AND we are at the neckline of the head and shoulders pattern. Yeah that one. Above that is the 21 weekly EMA currently at ~8260. I think this is a good spot for this rally to again turn to the downside. This also...
Still waiting for this downtrend to reverse, but not seeing anything yet to confirm. The vertical line is the expected bitcoin having. Have my eye on 78.6 fib at 5400 which also corresponds to the 200 weekly MA (not shown). Would love to see a reversal from the current levels, but BTC seems pretty weak without strong continuation to the upside. Worst case I...