danborovik

BITCOIN 200 EMA and 200 MA cross on daily??

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin looks like it will try to make a push to the 50% fib which is being sandwiched in-between the 200 EMA and 200 MA. This usually means that we are getting bearish. If the 200 EMA crosses under the 200 MA, that would be a sign that the 55 EMA may follow and death cross in the near future. Right now i'm still targeting 7,300 unless we can reclaim the 50% fib!

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