Bitcoing breaking down bunch of supporting moving averages on 1hr chart
Move down will equals from previous high to the point of break will be at least the same to the downside.
Sell orders now sitting on the lowest ma and above ma. You can see rejection from it now.
Bb start contracting- volatility coming soon.
On daily it’s also trying to break supporting ma down.
Let’s see how it will go.
Move down will equals from previous high to the point of break will be at least the same to the downside.
Sell orders now sitting on the lowest ma and above ma. You can see rejection from it now.
Bb start contracting- volatility coming soon.
On daily it’s also trying to break supporting ma down.
Let’s see how it will go.
