aqfaridi

BTC Update: Testing 200 EMA Resistance

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
$BTC Bulls shown good upside momentum towards EMA (200)

Technicals:
________

Bulls need to decide tomorrow whether MACD crossover would occur or they will get rejected by EMA (200) and RSI (50)

Our key level is at previous 9.3k level double top neckline which will now act as potential neckline for inverse H&S reversal.
Mar 22
Comment: Bulls got rejected by EMA(200), forming bearish 3 candlesticks pattern on daily chart

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