You are viewing a single comment's thread from:RE: BTC dead cat bounceView the full contextnandotleao (25)in #cryptocurrency • 8 years ago @ srezz Do you think the reversal has already happened? By the way, thank you for sharing your knowledge!
So far we have just a bounce. For the reversal to occur we need 13, 34 and 89 WMAs to turn positive on at least 4 hour charts. It has to also be confirmed by the upward looking 40 days WMA.
@srezz so you think this is a bull trap and then it potentially hits a lower low?
Pls see my last update.