Looking at 1 day charts, we can see a Bullish cross in MACD... If that confirms, BTC will have to test the strong resistance between 9k and 9,5k, and then the top of the downtrend line (in green).
If don't, it will have to test the bottom of the uptrend line (in red).
If don't, it will have to test the bottom of the uptrend line (in red).
Comment:
As I said, BTC probably will test the bottom of the uptrend line... But there's a possibility of a bounce at 8,2k area, with the support of 50 EMA
As I said, BTC probably will test the bottom of the uptrend line... But there's a possibility of a bounce at 8,2k area, with the support of 50 EMA
Comment:
after a quick bounce at 8,2k zone, BTC decided do go lowe! Now we have a falling wedge, with the possible breakout near the bottom of the uptrend channel...
Let's go Bulls!
after a quick bounce at 8,2k zone, BTC decided do go lowe! Now we have a falling wedge, with the possible breakout near the bottom of the uptrend channel...
Let's go Bulls!
4h chart show us a bearish cross on MACD... Still waiting to see what happens on daily chart.