This is my TA for the next bitcoin moves. If the price action matched my pattern, then i will post what will happen next ,, Actually i have the following pattern already, but i want to confirm first if the first part of it march.
Please follow and like to post more ideas.
my view of the current situation, resistance levels are :
- the upper yellow trend line resistance (will be weaker after 3 days)
- the Ichimoku cloud resistance (it is a small open gap after 3 days)
- the two main moving averages ... the blue one need strong bulls to penetrate.
otherwise ... going downward
(the chart is 4h view)
the SMA 180 (on 4h chart) has been a good indicator for BTC. the recent deep pull has taken the price below the 180 , which has happened in 2017 couple of time, after which the price recover quickly and went to ATH.
the SMA 180 and EMA 90 are very close... check what happen in the past and let me know what do you think?