greater_fool_

BTC further decline [-30%]

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greater_fool_ 已更新   
COINBASE:BTCUSD   比特币
Rising wedge breakout and retest. EMA50 and 100 broken and close to inversion.
Below strong support of EMA150 and 0.618 fib - short term reversal?
EMA50/100 crossover and upper 45k resistance can provide impulse to further -30% drop to 30k support.
评论:
I've just noticed I labeled EMA250 with EMA150 in the chart, sorry for that.
So the current price action stuck between resistance and support and EMA150 and EMA250:

The resistance is approached with small volumes and after each touch there is quite some sell off with increased volume. It doesn't really look promising for bulls.
评论:
30k level has been touched already today... I didn't expect it to be so fast. Crazy.
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