The BTCUSD broke the descending trend-line and was rejected against the 50 ema also upon a significant support line of 50731.29.
The price is bullish towards the 64540.20 take area for a bias of 67762.16.
Is it a good trend? No, absolutely not.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
The price is bullish towards the 64540.20 take area for a bias of 67762.16.
Is it a good trend? No, absolutely not.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
Trade closed manually