This chart is inspired by DrewR , particularly this chart tradingview.com/v/F0a9HHft/
Is Bitcoin in for another large ~45% drop? Sure looks that way. 300-315 still a key zone to watch, but bears are invigorated with a recent break of a key low, 340. 10/21 EMAs have had a good track record since the November 2013 rally. 1st touch/cross = reversal soon, 2nd cross = reversal. Also Litecoin has broken all post November 2013 lows which may give further indication that Bitcoin is in for a deep dive.
Look at the chart for more comments. If you like, leave a thumbs up. Thank you.
Is Bitcoin in for another large ~45% drop? Sure looks that way. 300-315 still a key zone to watch, but bears are invigorated with a recent break of a key low, 340. 10/21 EMAs have had a good track record since the November 2013 rally. 1st touch/cross = reversal soon, 2nd cross = reversal. Also Litecoin has broken all post November 2013 lows which may give further indication that Bitcoin is in for a deep dive.
Look at the chart for more comments. If you like, leave a thumbs up. Thank you.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.