CRM POTENTIAL 5 POINT MOVECRM is showing a potential break on the Daily Chart for a short 5 point move to 300.
The 1hr is already showing an entry with initial room to 295 first and if price breaks 295, it has room to 299-300.
Stop loss 289.50.
I like the consolidation back to the 21Ma on the daily chart and the weekly chart isn't bad either.
21movingaverage
BTC crucial 21 weekly moving average closing on its wayBTC is testing the weekly 21 Moving average that is coming in around 41600. to confirm the BTC short term bearish mode, BTC has to close the weekly candle below 42000. and to stay somewhat bullish then BTC has to close the weekly candle above 42000 in any cost by Sunday 5 AM weekly closing. If BTC breaks the 21 weekly perfectly at closing then it is very likely to say we can see 37000
In history it has been seen, whenever BTC breaks the weekly 21 moving average perfectly then a short-term bearish market has started for up to 2 months to 3.