DamianRichardson

The Market Changed So I had to change with It

BITFINEX:BTCUSD   비트코인
There are several technical factors working against BTC-Bitcoin right now

The trendline is broken. I put out a blast saying the trendline would need to hold, but it is not holding. That is the main reason why I am bringing this to everyone's attention. There have been times when a trendline like this held in spite of having a daily close penetrating below the trendline. But in this case now trading is early and anything can over-ride my determination on direction. It seems like subtle changes are happening which are dragging it down, at least for now.

The faster 9 period moving average is showing how price is trending down now. And the upper location of the moving average is acting like a barrier, pushing it down.

The slower moving average set to 100, it is starting to revert back to the mean at where the origin of the rally noted on the chart is placed, which is at 10,000

And the daily chart is starting to print a series of lower highs and lower lows

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.