BTC/USD update
As it's been anticipated in my last BTC update it got rejected by the 34 days WMA (Yellow) and within the next 10-12 days BTC is about to test 34 weeks WMA (White Dotted), currently @ $2813. If it gains enough momentum it may drop to volatility implied targets of $2544 or even $2240
However, another attempt to get above 34 WMA is not completely ruled out either. But even if it happens to change the market sentiment we need a daily close above $3988.
https://www.mql5.com/en/charts/7654766/btcusd-d1-fxopen-investments-inc
srezz, based on the TA, how likely do you think we are to test 34 week WMA or come close to it.
At this point of time 55-60%
gotcha, thanks!
Thanks for the update srezz