ladedimone

Flirting with 20 week EMA

BITSTAMP:BTCUSD   Bitcoin
Price flirts with 20 week EMA for about a month.
I hope price keeps consolidating over 20week EMA which I see as a must for upward movements.
However, 50 week EMA hold pretty good.
I keep watching the price. Movement will most likely be huge. However, If it goes down, just another buying opportunity before halving.
OBV is at the end of the road as well. So either sellers will give up or buyers. I dont expect much sideways.

20 week EMA: Orange,
50 week EMA: Blue
200 week EMA: Red

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