CM_Trades

BTC GUPPY ROLLING OVER!

BITFINEX:BTCUSD   Bitcoin
  • BTC continues its nice rally but we have yet to see a CRUP candle print on the daily
  • Super Guppy remains suppressed and could be on the verge of rolling over
  • Until we get full crossing over of the EMAs and the Guppy turning green, we can safely say we remain bearish
  • The 200EMA remains high above around $5,700, which bulls are targetting on a potential breakout
  • If we do turn over here, retesting of lows are highly likely especially with the unfilled gaps on CME futures

Thanks guys!

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