BTC- very suspicious as Ma50/Ma150 and Ma20/Ma200 Bearish cross

31 Okt 2022

on the 8 day candle ( which has just closed ) the Ma20/Ma200 and Ma50/Ma150 are crossing bearishly .
When this has occurred in the past it has resulted in a move down and I'm expecting that may play put here also .

31 Okt 2022

Catatan

In additional the 5 month candle which has also just closed has always started with the next candle wicking to around the bottom wick of the previous candle .
Hence im expecting a move down at least to the 18k area or lower again

31 Okt 2022

Catatan

Also the triple cross ( the MA20/MA150 , EMA100) , cross taking place on the 12 day candle chart below has in the past resulted in drops lower

for example here

31 Okt 2022

Catatan

and here in 2018

31 Okt 2022

Catatan

on the other hand if BTC is indeed moving up higher then I expect to see a very large bullish green candle that pushes up to the 25000 level