{"id":2395,"date":"2022-03-11T15:32:31","date_gmt":"2022-03-11T15:32:31","guid":{"rendered":"http:\/\/ewforex.net\/blog\/?p=2395"},"modified":"2022-03-11T15:32:32","modified_gmt":"2022-03-11T15:32:32","slug":"bitcoin-tumbles-below-40000-again","status":"publish","type":"post","link":"https:\/\/ewforex.net\/blog\/economia\/bitcoin-tumbles-below-40000-again\/","title":{"rendered":"Bitcoin Tumbles Below $40000 Again!"},"content":{"rendered":"\n<p>EWFOREX.NET<\/p>\n\n\n\n<p>Pattern in progression:\u00a0 Minuette Degree Triangle<\/p>\n\n\n\n<p><strong>The Crypto is trading at $39400 this Friday morning. <\/strong>&nbsp;The contraction from the 32917 June 13 low appears to be cutting out its Minuette degree c-wave.&nbsp; The ADX has slowed to 19.25 which is no trend while \u2013Di hugs +Di on its downward slope.&nbsp; This is common ADX momentum with these patterns.&nbsp;<\/p>\n\n\n\n<p>However, volatility is up.&nbsp; The ADX is down below the 20 while average true range runs hot! Notice that the ATR move up with the 34322 Feb 23 spike low.&nbsp; And as volatility goes both ways, price then shot up to complete Minuette degree B and then headed south again for half of Minuette C where its trading now.&nbsp; &nbsp;All this while the Daily 14 period ATR moved above the Daily 200 ATR with the 14 ATR registering $2768 dollar avenge true range.<\/p>\n\n\n\n<p>Very volatile to be happening at this late stage of a triangle.\u00a0 \u00a0\u00a0Let\u2019s see if it cools off before it pops.\u00a0 It does look like we have a couple more swings which should slow things down a bit before the drop; if this count it right.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"476\" src=\"http:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-1024x476.png\" alt=\"\" class=\"wp-image-2397\" srcset=\"https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-1024x476.png 1024w, https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-300x139.png 300w, https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-768x357.png 768w, https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-1536x714.png 1536w, https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day-850x395.png 850w, https:\/\/ewforex.net\/blog\/wp-content\/uploads\/2022\/03\/BTCUSDT-Alternate-2-Mar-11-1018-AM-1-day.png 1914w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>EWFOREX.NET Pattern in progression:\u00a0 Minuette Degree Triangle The Crypto is trading at $39400 this Friday morning. &nbsp;The contraction from the 32917 June 13 low appears to be cutting out its Minuette degree c-wave.&nbsp; The ADX has slowed to 19.25 which is no trend while \u2013Di hugs +Di on its downward slope.&nbsp; This is common ADX [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Tumbles Below $40000 Again! 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