BTCUSD slipped the 12H SMA and slipped to the 50. Previously we had the 100 cross the 200 bullishly. The RSI showed hidden bullish divergence in orange and now a technical double bottom in blue (if it holds). If the 50 MA holds we are good, if not then don’t really worry unless we breach the 200w. I know we less than an hour into this 12h candle but so far it looks workable. We breach that and things will get grizzly.
It is a simple moving average system supplemented by some divergence. I wouldn't do market orders right now but hey, I am not your financial advisor, you do you.