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Old 01-21-2021, 08:25 AM   #2404
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Join Date: Jan 2010
Posts: 1,855
Bitcoin & Litecoin

Both Bitcoin & Litecoin are showing me the same indicators to SELL now, using the same criteria I used to call the Market a SCREAMING BUY back on April 10, 2020. That was 5000+ points ago on the Nasdaq and 8000+ points on the Dow.
Post #1880.

I have roughly six sell signals on Bitcoin over the last two weeks. The 8 day EMA has slightly crossed the 20 day MA, which is another short term negative signal.
Ethereum also looks very close to a strong sell, but not yet. Tread lightly if you are in these.

Chart for $BTCUSD that I use.
One of the downsides of the Internet is that it allows like-minded people to form communities, and sometimes those communities are stupid.
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