TradingView
ThingumyBob
Jan 23, 2018 8:11 PM

SHORT BTC/USD 50MA Rejection Short

Bitcoin / U.S. dollarBitstamp

Description

Looks like this is going to carry on getting rejected on the 50MA for another move.

Watch for rejection at the 50MA then ride down to the $10,190 and potentially down to $9,500.

The above will be rejected if the 50MA is broken and then held.

(SEE 'B' FOR EXAMPLE OF NOT HOLDING THE BREAK)

The above is just my opinion.
More