on the 8 day candle ( which has just closed ) the Ma20/Ma200 and Ma50/Ma150 are crossing bearishly .
When this has occurred in the past it has resulted in a move down and I'm expecting that may play put here also .
When this has occurred in the past it has resulted in a move down and I'm expecting that may play put here also .
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Also the triple cross ( the MA20/MA150 , EMA100) , cross taking place on the 12 day candle chart below has in the past resulted in drops lower
for example here
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and here in 2018
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on the other hand if BTC is indeed moving up higher then I expect to see a very large bullish green candle that pushes up to the 25000 level
Hence im expecting a move down at least to the 18k area or lower again