aqfaridi

BTC Update: Testing 200 EMA Resistance

aqfaridi Updated   
BITFINEX:BTCUSD   Bitcoin
$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.
Comment:
Bulls got rejected by EMA(200), forming bearish 3 candlesticks pattern on daily chart


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