Since Mid August, BTC has only managed to advance above 4H MA50 twice, which both times created a pump.
Notice how many times the 4H MA50 has been a SHORT signal for BTC.
What will happen the next time BTC price reaches the 4H MA50, Pump or Dump?
Good Luck
Notice how many times the 4H MA50 has been a SHORT signal for BTC.
What will happen the next time BTC price reaches the 4H MA50, Pump or Dump?
Good Luck
Note
Pumped up to resistance (19,500 to 19,700). I was expecting a lower high not to exceed 20,300. But has some patterns of a distribution top here, but not completely. still monitoring.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.