soundsfrommarz
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since Apr 6, 2021
btc
chartpattern
retracement
trendanalysis
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With thousands of BTC tokens being moved over to exchanges from storage and the lack of buying volume shown, overall volume is currently under it's 24 hour MA. We will likely see a drop back to 46,600 if we break 46,300 we will likely see it fall to 45k for a small bounce back up. I suspect 43k we will see volume come back to push it back to 46k. 43k is the last...
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Long Play -- 12 hr bars(opens ~8:00 am in New York then ~8:00 in China) -- Bar pattern taken from ATH (Apr14) drop through today without any size modification. -- 50 EMA about to cross 150 EMA as of 5/17 -- Passing 38k would break initial trend set in Oct20 - Dec20
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