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Sep 15, 2018 7:15 AM

Bitcoin 22 EMA in weekly can spoil the party 

Bitcoin / DollarBitfinex

Description

22 EMA acted as a support in July & Sep that reuslted in upside breakout & New High. We have identical setup currently. 22 EMA is a resistance. It took 3 weeks in July 17 & 4 weeks in Sept, 17 for upside breakout. We are are in first week of this setup now. We should ideally break lower in next 2-3 weeks if this fractal works. Break above 22 EMA invalidates this setup.
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