SoloTraderAU

Up trending has not confirmed yet.

BITSTAMP:BTCUSD   Bitcoin
The relationship between these two EMA ( 8 EMA is below 20 EMA) tells us that it is not the right moment to go long, although most indicators are in oversold areas.

We can't say structure B will go similarly like structure A, but the blue star will be the critical price for us to confirm there is an EMA crossover, or price retesting base of the channel, or something else.

Time will tell.

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