RE: BTC dead cat bounce

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BTC dead cat bounce

in cryptocurrency •  7 years ago 

@ srezz Do you think the reversal has already happened? By the way, thank you for sharing your knowledge!

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  ·  7 years ago (edited)

So far we have just a bounce. For the reversal to occur we need 13, 34 and 89 WMAs to turn positive on at least 4 hour charts. It has to also be confirmed by the upward looking 40 days WMA.

@srezz so you think this is a bull trap and then it potentially hits a lower low?

Pls see my last update.