johnleequigley1

Volume dropping BTCUSD Long

Long
BITFINEX:BTCUSD   Bitcoin
Look to enter long in BTCUSD with 21EMA acting as a dynamic stop loss. Price action currently is at the 13EMA with it briefly going below but coming back up above.

Volume is dropping on the daily candle showing that this downward move could be coming to an end.

SEC is meeting today to discuss whether ETH is a security which they are unlikely to determine is. If this is the case, this could lead to positive sentiment across the overall cryptocurrency market.

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