#BTC/USD
$BTC is still in choppy zone between resistance of $32k and support of $29k.
in 4h time frame price broke out from 100EMA and head up to touch resistance zone.
🐮 break out from resistance of $32k and 200EMA will increase price toward resistance zone around $34k.
In daily time frame price reached resistance of 20EMA, but RSI is above HMA.
🐻 rejection from resistance of $31k will drop price to support zone again and maybe break it down to next support around $25k.
as you can see bullish signs are more than bearish signs so it is possible that $BTC gain enough power in this choppy zone to start a new rally. 🍀
$BTC is still in choppy zone between resistance of $32k and support of $29k.
in 4h time frame price broke out from 100EMA and head up to touch resistance zone.
🐮 break out from resistance of $32k and 200EMA will increase price toward resistance zone around $34k.
In daily time frame price reached resistance of 20EMA, but RSI is above HMA.
🐻 rejection from resistance of $31k will drop price to support zone again and maybe break it down to next support around $25k.
as you can see bullish signs are more than bearish signs so it is possible that $BTC gain enough power in this choppy zone to start a new rally. 🍀
