#btc
🔹Today, the theory of 1 green candle coming after 3 reds is working. Prices have been going up for 12 candles on hourly basis.
🔹However, short-term moving averages that previously served as support are now appearing as resistance.
🔹This rise can be described as a reaction to the decline and it can be said that its ultimate target is the 6-hour short-term averages.
