The main trend still remains down. However, the flattening 20-day EMA and the RSI in the neutral territory show that the short-term trend is changing. The next leg down will give us a better idea of whether a bottom is in place, or if this is just a relief rally.
what do u thin about it?
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RE: BTC update 21.12.18
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BTC update 21.12.18
I think that people should not use RSI and EMA strategies, because it is not possible to trade successfully in the long term with theese tools. I tried it for more than a year in the beginning of my trading career and failed miserably.
Yes, the next leg down is going to be very important and could confirm a change of trend.
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I think until it breaks 6k and holds. I would be far from calling this correction over.
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