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erdal76t

BTC will remain to below of 200MA for a while..

Bitcoin (BITFINEX:BTCUSD)  
erdal76t Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Wave Analysis 200ma 20ma 50ma BTCUSD
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trendanalysis waveanalysis 200ma 20ma 50ma btcusd
In daily period, BTC goes below to 200MA and DeathCross occured(by intersecting red and green). This picture is not good for the new long position...
Comment:
We can not exceed the 20MA level (blue curve, 7973$). This level is bollinger middle and strong resistance as well.
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