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Hazel-Ra-Owsla
Apr 24, 2020 3:08 PM

BTC bounced strong off the 4H 400MA  Long

COINBASE:BTCUSD240
Bitcoin / United States DollarCoinbase

Description

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The upward sweeping 10MA coincided with the 400MA on the 4H chart and BTC shows a nice long wick on the bottom from the bounce.

Plenty of RSI left, and there was some decent correction.

BTC doesn't want to give up but we'll know in about an hour...
Trend AnalysisChart Patterns
Comments
sscoin
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Hi Dude,

Thank you for your work. I appreciate your work. By working harder, you can start getting the right results.

Are you predicting a fall?
How long will it drop or go?
Hazel-Ra-Owsla
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@sscoin, I predicted a drop about 8 hours ago but at this time it could go either way, depending on if bulls step in. See the red triangle on the chart from a few hours ago.
Hazel-Ra-Owsla
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@Hazel-Ra-Owsla, I feel it will go up in about 35 minutes
sscoin
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@Hazel-Ra-Owsla, I couldn't buy from 7388 either. I think we missed the opportunity. It would be nice to take it from 7388 and read it from 7600.
Hazel-Ra-Owsla
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@sscoin, Well if its going to go up it doesn't matter if you caught the bottom or not...gain is gain even if its not the most gain possible.
sscoin
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@Hazel-Ra-Owsla, You are right, dude :) thank you!
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