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#BTCUSD Has only lost the W/200MA twice in its history
First time used it to bounce and pierce thru W/200SMA
this is the 2nd time
lets see if it acts the same as the first time when it wnt from $3100 to $13.9k
for now a clear rejection off the W/200SMA hours after new W candle
First time used it to bounce and pierce thru W/200SMA
this is the 2nd time
lets see if it acts the same as the first time when it wnt from $3100 to $13.9k
for now a clear rejection off the W/200SMA hours after new W candle
Prior weekly closing on an inverted hammer formation (reversal indicator). this is good for the bears calling for $4k again.
They may just get their wish.
If volume persists the next move down will be dramatic.
FK #Crypto
They may just get their wish.
If volume persists the next move down will be dramatic.
FK #Crypto
