🍊Alright so quick check in here for Bitcoin. Markings speaking the usual and showing us what we need to see demonstrating how our Bitcoin chart had us hit that $20,600 mark which we failed to break through and as a result we see the retracement that's happened.
🍊That saw us extend down to $20,300 on the wick's end with the red candle's end being up at $20,400 so there are some strong orders that hit there to keep us from falling further and the main thing now is that we've lost our 200 EMA again. So while we did manage to regain it we failed to sustain what was needed and lost our footing as a result.
🍊We've already closed at a higher low so that's not too bad and I'm still calling this a retracement unless we break and form a lower low by which then we'll be looking to my $20,260 support mark. Leaving things here but you'll likely want to keep a watch on the minute chart to see things at a slightly faster tempo before they happen.
🍊Gonna leave it at that for now but if you'd like to leave a like or follow it'd be much appreciated, thank you and wishing well as always! Make sure to keep tuned and posted for more as always!
~ Rock '
🍊That saw us extend down to $20,300 on the wick's end with the red candle's end being up at $20,400 so there are some strong orders that hit there to keep us from falling further and the main thing now is that we've lost our 200 EMA again. So while we did manage to regain it we failed to sustain what was needed and lost our footing as a result.
🍊We've already closed at a higher low so that's not too bad and I'm still calling this a retracement unless we break and form a lower low by which then we'll be looking to my $20,260 support mark. Leaving things here but you'll likely want to keep a watch on the minute chart to see things at a slightly faster tempo before they happen.
🍊Gonna leave it at that for now but if you'd like to leave a like or follow it'd be much appreciated, thank you and wishing well as always! Make sure to keep tuned and posted for more as always!
~ Rock '
