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TrippyBlock
May 19, 2021 9:24 AM

Bear or Bull Market? Judgement Day 

Bitcoin / DollarBitfinex

Description

Hi guys,

MA200 is the strongest support line of Bitcoin and has been in the past years.

If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market.

But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more.

The RSI and MACD are pretty low, so a reverse trend should happen but crypto is always full of surprises.

Today is Judgment day, Bulls & Bears are fighting for a decisive future.

Trade carefully!
Comments
bed87
I want lower! Kill it!
Hekmachine
Where can we see the 200MA?
TrippyBlock
@Hekmachine, It's the blue line, that's why I circled it in the graph :)
bummero
So help us God !
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