2017 resistence and support repeating? death cross too

quite a few things are similar to 2017,

pycyle top
21 ema weekly was broken
200MA daily was broken

what should come next

-50MA weekly will work as support
-we will have a death cross
-price will bounce to the 200MA and fall from there,

other things to support the 50MA weekly
the middle line of the gaussian channel in the 5D
a support in the weekly rsi

other things to make residence the 200MA when we come back:
the gaussian channel

Commento:

death cross 200MA and 50MA on the daily

Commento:

expect the price to grow with the death cross to fall harder after

Commento:

5D gaussian channel, the middle line , math the support of 50MA weekly and the top line of the gaussian channel with match the 200MA as resistance ,when we bounce up.

Commento:

and last one the week rsi, has a support, that should match when we hit the 50MA weekly .

Commento:

seasing today price move and that we are out of the gaussian channel, we could still have a move similar to 2018.

Commento:

we a re quite close to the support for bounce, I kind od surprise how much did it fall from the 200MA last time, is really similar to this time too.

Trade chiuso: obiettivo raggiunto:

first target of the down movement is been reach now let see if btc can hold the 50MA daily and the middle of the gaussian channel.

Commento:

we are still repeating a similar pattern

Commento:

daily comparision with 2018 , at that time we did a double top against the 200MA

Commento:

bounces of the 50MA weekly on the past

Commento:

we are quite close to target 200MA