Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
thewaterloggers
on 19/05/2021, 00:25:57 UTC
So my hope is that price reverses more of less immediately following the TD 9. Otherwise, the 200 Day MA becomes the point of hopium as part of an imperfect setup.

https://i.imgur.com/tW96Qgv.png

Even a drop below 42.300 and I'd have to lower my bullish prediction from 90% to around 60%, which is more or less like flipping a coin. Ie: shit.

For now nothing has changed. The TD 9 Sequential represents the potential for a trend change.