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BTC Closing Under 20-Week EMA & SMA
Bitcoin
BTC Closing Under 20-Week EMA & SMA
By truecodecapital
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May 16, 2021
2
May 16, 2021
Another bad sign for the BTC market. We'll see what happens at close today, but this level is especially close to the SMA(150) on the daily chart.
When I see trends being broken on the longer timeframe, that is further cause for concern.
We'll see what happens in the next few hours.
Chart Patterns
Trend Analysis
truecodecapital
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Dangerous Looking Chart for BTC
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