BTC: Make or Break
We are currently at a major resistance... Make or break situation...
We've seen a transition of trend from bullish.. Green EMA slow to White to Red.. Bearish
Slow EMA is Still Red...
Rejection from this EMA means.. bears will continue to drag the price down
If the price breaks and ema turns to white/Green bulls will continue run..
the Index is still at crucial state. Watch out for potential cross of index (bearish)
or trend continuation / parabolic move (Bullish)
Stoch at Over bought level and could cross (bearish)
shadow is still white and near over bought level (bullish)
if price continues to goes up.. shadow will be on continuation zone.
but if the price falls.. shadow will turn to red.. (bearish)
This is base on current market situation... stated above are on "atleast for now" condition
the market could go anywhere it wants to go.. do not trade blindly, always check you charts
Caveat
We've seen a transition of trend from bullish.. Green EMA slow to White to Red.. Bearish
Slow EMA is Still Red...
Rejection from this EMA means.. bears will continue to drag the price down
If the price breaks and ema turns to white/Green bulls will continue run..
the Index is still at crucial state. Watch out for potential cross of index (bearish)
or trend continuation / parabolic move (Bullish)
Stoch at Over bought level and could cross (bearish)
shadow is still white and near over bought level (bullish)
if price continues to goes up.. shadow will be on continuation zone.
but if the price falls.. shadow will turn to red.. (bearish)
This is base on current market situation... stated above are on "atleast for now" condition
the market could go anywhere it wants to go.. do not trade blindly, always check you charts
Caveat
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