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Faibik
Dec 2, 2020 4:21 AM

Bitcoin | Major Resistance got Rejected again..!! Short

Bitcoin / DollarBitfinex

Description

#BTC (Update)


Once Again, Bitcoin Failed to Clear the 20k Psychological Level..!!

At the Moment, Bears in Control But Still Bitcoin Moving Above 4h EMA50 (18.3K) & 18.2k Horizontal Support.

If Bulls Lost the EMA50 Support too, Next Stop Would be 17.4k Area.

If Bulls Defend the Support & Bitcoin Bounced Back then Bitcoin Might test the +20k.



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!
Comments
ferGOD
20k is coming!
ferGOD



forexboat
It respected the moving average ... lets wait to see if the drop will occur. Thanks for sharing.
CollegeofPips
Nice explanation ... thanks for sharing.
Goodtrader83
It may be inverted head & shoulders too. ;-)
Faibik
@Goodtrader83 thanks for sharing your opinion here
Goodtrader83
@Faibik, No problem, good luck.
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