erdal76t

BTC weekly, 20MA, 50MA and MACD

erdal76t Updated   
BITFINEX:BTCUSD   Bitcoin
After going below to zero on MACD, we will go below 50MA accordingly on price.
Comment:
MACD getting close to zero..
Trade closed: target reached:
We are crossing the 50MA curve. we have to wait weekly closing. If we close under 6708$ at the end of the week, new target will be 2000$-2500$.
Comment:
MACD has crossed the zero line, So now we are in sell area. Selloff gets accelerated.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.