Swiss shortPrice is in an descending triangle on the daily. We've broken the counter trend line and are now back below the clouds. 50 EMA recently crossed below the 200 and we have rejected the 38.2 level and are headed down. Waiting for a break of the 0% level and a previous low wick for confirmation to take it down the he daily level.
Emacrossover
ACAD SOME GOOD LONG AND SHORT SWING #ACAD - ACADIA PHARMACEUTICALS INC - SHORT AND LONG SWING
HAD SOME GOOD SWING GOING ON HERE WITH THE 50 EMA CROSSING 200 EMA AFTER BOTTOMING OUT
AND CLOUDS DIVERGENCE ABOVE THE KUMO
SOME MORE SWING DOWN AND UP BEFORE WE TEST THAT RES / SUP LEVEL AND FIND A NEW CHANNEL UP
Bitcoin Technical Breakdown ContinuesBitcoin continues its technical breakdown. On the 1-day chart the 50-day EMA has crossed below the 100-day EMA. You'll also notice Bitcoin price has dropped far below the 200-day EMA as well.
In addition, Bitcoin has fallen below the Keltner Channels, which is something I had mentioned as a possibility in the past.
On Balance Volume (OBV) is at an extremely low level. The last time OBV was at these levels Bitcoin price was closer to $100 than $200.
Expect the pain to continue.




