Dexter_The_Trader

BTC Vs. 21D MA

BITSTAMP:BTCUSD   Bitcoin
Hey guys,
Here's a quick update on Bitcoin. BTC is trying hard to break the 21D MA which a strong and challenging moving average for BTC in 24Hrs chart. As you can see in the chart, BTC not only tried once, twice, or thrice, this is the sixth attempt to break out the 21D MA. Will it fail this time again? That's a tough question to answer. I am convinced that this time BTC will break out but I am not completely trusting it. I am filling my bags with some altcoins with a tight SL.

Let's wait for the hourly closing as we still have 3Hrs in our hands. I hope this weekend will be good for all of us.

If you like my chart and ideas then do like, comment and share.

Stay safe.

See you in the next update.
Comment:
BTC is doing it again. Will it break the 21 days moving average this time or will it fail like it has been failing since the fall?
Let's just cross our fingers and wait for the right confirmation to enter the alt market again.

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