BitcoinUpdated BTC 17th march A jump from here or fall into the abyss
1. MACD turned up
2. MACD 4H Divergence normally takes a while to play out
3. Price got rejected at 8500 and perhaps preparing to have another try and hopefully break upwards towards 9000 where the 200EMA would be at that point in time
4. A break below 7950-8000 and we will see the abyss
2. MACD 4H Divergence normally takes a while to play out
3. Price got rejected at 8500 and perhaps preparing to have another try and hopefully break upwards towards 9000 where the 200EMA would be at that point in time
4. A break below 7950-8000 and we will see the abyss
Note
We are seeing a bear flag formation on the 1H, not good for bulls.
Note
8000 area still holding
Note
I am in the belief that we are at a bottom for BTC and most other alts coins.
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