EMA200 Flattening, and EMA50 descending. Look out for entries.

١٨ مايو ٢٠٢٢

The recent LUNA, and UST fueled correction has driven down the price of BTC indirectly.

EMA200 is flattening but not trending downwards yet.
EMA50 is trending downwards.

We see a consolidation for another 3-4 weeks.

Indictors used: Demark, Stock to Flow v6, EMA's and volume at price