BTC sitting on 50MA support - If it breaks support we will see lower prices. Los Angeles 5:33AM.
What to look for:
What to look for:
- IF RSI breaks 40 its going to be bearish.
- IF Price action breaks 50MA support we are going to see lower prices.
- IF Price action finds support on 50MA it will continue to uptrend.
- Price action breaking 100MA/EMA is a healthy correction and its overdue for a strong correction.
Comment:
E could be extended to 100EMA/MA.