Rocksorgate

⚡️ Bitcoin Night TA ⚡️

BITSTAMP:BTCUSD   Bitcoin
⚡️Real quick night Ta is all here so let's look!

⚡️As we see Bitcoin faced a lot of resistance at our $19,551 marking which is understandable as we already know and have set that it's a very important marking that usually sets us up for a breakout up or rejection being as it's that threshold that basically can either possibly have us seeing $20,000 or below whenever we fail so that's that.

⚡️We did lose that EMA though there's been quite a fight on behalf of the bulls as we can see they pulled us up once already just barely managing to tap that 200 EMA ta before getting rejected by which then we have now pulled up again and this is gonna be another test to see whether or not we really grab that 200 EMA or fail and fall again by which then we'll be watching my next marking of $18,965 on the main and $19,100 which is where we found that support which then kicked us up.

⚡️Leaving the idea here but this is just gonna be another test of whether or not we grab that EMA or fail to regain it and fall further down or vice versa, I know that doesn't sound the best but price action and volume has been relatively stable except for those points when bears try to sink us or bulls try to buy us up, both sides are still fighting and it would be nice to see us regain our footing above $19,551 but if we can't do that soon then we'll likely be looking at lower digits so be wary and watch my chart, thank you.

⚡️If you'd like to leave a like or follow it'd be much appreciated, simply offering what I can each and every day even when I barely have any time to I always do my best to post for you guys, so thank you and have a good day!


~ Rock '
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.