So this time we are taking a short term approach to follow up bitcoin´s trend more closely, keepin the 15 minute period.
It clearly shows that MA (200) served as support. My projected support at around 45,5k was surpassed by the short term negative trend.
MA downward crossings were also clear. DMI shows the strength of a negative trend now relaxing a bit. Also leaving gradually the oversold zone in RSI.
MA (200) stepped in right in time. Or else... (it´s bitcoin, sorry)
It clearly shows that MA (200) served as support. My projected support at around 45,5k was surpassed by the short term negative trend.
MA downward crossings were also clear. DMI shows the strength of a negative trend now relaxing a bit. Also leaving gradually the oversold zone in RSI.
MA (200) stepped in right in time. Or else... (it´s bitcoin, sorry)
