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the6ylal
Apr 27, 2022 7:20 AM

Possible Misleading Price Action Long

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

This futures market you see was fake out 2 times before and received a reaction, now there is a possibility of a fake out again. Either this graphic will work or bad slaughter will come...

When we look at the monthly chart, we are momentarily below ma20/M. If we see that we are closing below $40.154 at the end of the month, even 22K would be optimistic.
Strong support and ma100 crossing $10,794. In principle, when one moving average is broken, the price moves to the other moving average; The closest moving average, ma50/M, is crossing 20,637.
So my fuck scenario was that our monthly ma20 was broken and we walked to ma50. But not now, please not now....

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