BTCUSD: Price stuck Between 200 Day MA & EMA

By dragononcrypto

Updated

BTCUSD price is stuck between the 200 Day MA at $8,311 and the 200 Day EMA: $8,768. Waiting for a close above 200 Day EMA (8.8K) or below 200 Day MA (8.2K) to open a long/short position. Daily RSI oversold, CMF has turned bearish, MACD looks tragic. Waiting for the next breakout or fakeout, likely downwards.

BTCUSD: Measuring The Move of the Descending Triangle Breakdown

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Trading idea: Another Descending Triangle On 1hr Chart

BTCUSD: Another Descending Triangle On 1hr Chart

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Price now forming a symmetrical triangle, for now.

snapshot

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Now formed a symmetrical triangle, here's the analysis:

BTCUSD: Stuck In A Symmetrical Triangle Ready To Break On 1 Hr

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Starting to look more like a bear flag already:

BTCUSD: Is Bitcoin Forming A Bear Flag To $6,750?

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BTCUSD: Measuring The Move of the Descending Triangle Breakdown

by dragononcrypto

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