PolarHusk

BTC/USD (100D MA Acting Support?)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
💎Technical Analysis Summary💎


BTC /USD

-Every time the price goes above 44k dollars, the bears always enter the market
-We can see two downward trendline resistance which is acting heavy in the short term
-The only good thing right now is BTC is holding the Fib 0.5 and 100D moving average
-We will soon see a breakout direction within this week either up or down
-Guys, if you are holding any trade, please make sure to follow your stop loss location
-This is the time risk management discipline is very important for the past few days
-Regarding the BTC Dominance level, it is currently showing strength
-That is why the Altcoin space is looking weaker against the Bitcoin pairing
-Only two days left before the monthly candle closes
-Things are getting interesting for the coming month of October




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