$BTC: Simple Moving Average: Is Wave Four Approaching?

$BTC: Simple Moving Average: Is Wave Four Approaching?

the parameters are clearly defined a break above 61,800 if it’s a convincing break would indicate that something more bullish is going on okay uh until then one more low would be expected at least one more low possibly targeting eventually yeah 57780 57,500 or even 55960 sort of in that area down there um because it seems as if another four five pattern is missing okay and what we can see here is that today I don’t normally use moving averages that much but the price bounced exactly from the 100 day simple moving average highlighted here in purple exactly okay um it’s just an observation you know it doesn’t mean that we’re you know going go up from here or something um but what I can tell you is that we obviously have this descending trend line there the upper trend line we have a lower trend line

$BTC: Simple Moving Average: Is Wave Four Approaching?

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