BTC bulls have continuation on the bounce after setting a new support level and continuing the bounce.
We now look to daily EMA 12 resistance to be tested, and the bulls MUST keep the 4 hour higher lows.
EMA 12 is crossing 26 bullish on the 4 hour chart, which has not happened since the mid $8,000s.
Posted on twitter yesterday about the dump to 15 min RSI 21 being the entry opportunity the patient bulls were waiting for.
Now we play the same EMA, and higher low/ higher high game on the daily chart as we head into the weekend.
Lots of resistance with 3 tops at $7,662.
We now look to daily EMA 12 resistance to be tested, and the bulls MUST keep the 4 hour higher lows.
EMA 12 is crossing 26 bullish on the 4 hour chart, which has not happened since the mid $8,000s.
Posted on twitter yesterday about the dump to 15 min RSI 21 being the entry opportunity the patient bulls were waiting for.
Now we play the same EMA, and higher low/ higher high game on the daily chart as we head into the weekend.
Lots of resistance with 3 tops at $7,662.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.