As the medium reaches below the slow EMA Here we have a great SELL signal Keep in mind that this is NOT an intra day signal.. This one will require time But assures a great stability and why not, hopefully, profit
BTCUSD is currently facing an old resistance, closing above the line reported in the chart will likely give a BULLISH signal Opposite the signal generated will be a SELL one
May be useful to someone.. BTCUSD - Coinbase Following a descending slope - More interesting - Global behaviour as few support and resistances are left in case of a huge SELL position
COINBASE:BTCUSD Explanation in the chart. Good luck
As you can see current daily candle has little to none top shadow Signal of strong market convinction on a certain movement (Sell in this case) If breaking down the support level signaled on previous Post -> expect a great SELL opportunity p.s. last time we had a similar behaviour has been reported on the chart