BTCUSD 3D – is the 55 EMA playing ball this time?

Bitcoin / Dollar BITFINEX:BTCUSD

Can the 55 EMA hold this time?

Notice the times we failed, we were under the 9 & 20 EMA … Not this time… Will it make a difference? I expect so.

We need;
– The EMAs to flip Bullish (9, 20 & 55, top to bottom sequence.) MACD Bullish cross to hold and RSI to hold 50.

Worst case scenario currently, 90 EMA test at $8200-8400
I have Buy orders all the way down to those levels and I expect a test of 11-12k.

Support at $11,400 would confirm the Adam & Eve double bottom theory from April 8th.

By admin