NYBKLYN

Long to 200 EMA

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COINBASE:BTCUSD   比特币

Although still in a downtrend (Below 200 EMA I classify as downtrend), a counter-trend move to test the 200 EMA is believe to be imminent.

Usually after divergences on a downtrend, there is a move up to the 200 EMA (a test).
Sometimes it will blow pass the 200 EMA (gap above it), sometimes it will get cold rejected.

With that in mind target 200 EMA.

If it breaks or blow pass the 200 EMA (Full uptrend then), there is usually a pullback test to the 200 EMA where one can re-enter long.

Best of luck. Info is in the charts.
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