Rocksorgate

⭐️ARE WE LOSING THE 200 EMA? TA ⭐️

BITSTAMP:BTCUSD   Bitcoin
⭐️Hey! Wanted to come in to give you guys a quick TA as well as just check in, been a busy month as you guys are already aware I'm sure. December is going to be my busiest month this year most likely so just be aware of that but definitely wanted to at least get a post in for you guys.

⭐️Seems we had this short rally happen sending Bitcoin up to that $17,350 resistance mark basically before price action lacked and we failed to make any more ground thus what we're looking at right now with the retracement that's had us lose that 200 EMA right now on the 30 minute EMA chart. Basically looking like we'll continue to retrace unless we can regain that and keep above the $16,850 support mark.

⭐️Either way just keep watch on that support mark and whether or not we continue to slide or actually regain our footing. This whole FTX collapse still has the market on edge so I don't expect anything to drastic to the upside but I'll put up a big picture TA later for you guys if you'd like.

⭐️Leaving it here for now but thanks for tuning in again as always and keep in mind this is my busiest month so I may not post daily but I'll do my best as always with these observations. If you'd like to leave a like or follow it'd be much appreciated as always, simply doing what I can. Thank you.


~ 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.