DigitalData

BTC & XBT Current Direction Movement - Golden Cross (As of NOW)

Panjang
BITMEX:XBTUSD.P   Bitcoin
XBT
BTCUSD

It would appear on the 6 hour we have a 50/200 cross and the 20/50 MA a positive one. We need to watch on a lower interval this could be BIG TIME movement for XBT if we successful uptrend. Soon we will see a price rejection or acceptance. THIS IS NOT A BUT SIGNAL THIS IS A WATCH AND SEE IF IT CONFIRMS UPTREND THEN BUY SIGNAL. Never mistake a 50/200 cross as a buy or sell signal instead rather a "decision point" and to wait and see if this significant cross rejects or accepts price.

Good luck to everyone whether its gains or shorts.

Penafian

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