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venom6pak
Jan 9, 2018 6:57 PM

are the 7,21 & 77 moving averages meeting for bTC rally 

Bitcoin / U.S. dollarBitstamp

Description

My first ever chart - be gentle haha - basically im looking for levels that btc will drop to and looking at the relationship of the moving averages 7,21 and 77 and how they are looking to diverge like shown in the eclipses in the chart from a while back and how it shows a big rally if they are trending up when they diverge - or of course it would compound the drop to the 0.5 fib if they are still trending down and the 0.382 fib support breaks

providing the support at the 0.382 holds thats being tested now and a few hours before i published this chart then the averages might come together somewhere in that eclipse that i have drew just ahead of current timeframe where the 3 moving averages may intersect and we may see a fast rise or indeed a bigger fall -
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