A perspective using the 50, 100 and 200 DMA's. 50 DMA currently looking like it's acting as a resistance. Will we see a back test of the 200 DMA in week 9? I think for the mid-term strength of BTCUSD, a back test the coming 1-2 weeks would be more healthy than a push to 15-16k, as the first will form a double bottom on weekly and the latter a double top.
Kommentera:
Update of the MA's
Kommentera:
Back below 50 MA
