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Topic: Technical Analysis of BITCOIN May 10th 2020 (Read 58 times)

brand new
Activity: 0
Merit: 0
Principle: The 100% true when an uptrend reverse to downtrend is that EMA 4 must cross down EMA 18.

Currently:

Exponential moving average (EMA) 4 still above Exponential moving average (EMA) 18.
https://invst.ly/qquhq

The price is at Strong Resistance level at 10.000 but there is still no sign of Reversal Pattern.
https://invst.ly/qquh6

The trendline is still intact.
https://invst.ly/qquhm

Conclusion: There is no reason to Sell short or Sell at this moment.
And also NO BUY at this moment.
Please stand by and wait.




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newbie
Activity: 1
Merit: 0
Principle: The 100% true when an uptrend reverse to downtrend is that EMA 4 must cross down EMA 18.

Currently:

Exponential moving average (EMA) 4 still above Exponential moving average (EMA) 18.
https://invst.ly/qquhq

The price is at Strong Resistance level at 10.000 but there is still no sign of Reversal Pattern.
https://invst.ly/qquh6

The trendline is still intact.
https://invst.ly/qquhm

Conclusion: There is no reason to Sell short or Sell at this moment.
And also NO BUY at this moment.
Please stand by and wait.

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