SmartCryptoAssociation

BTCUSD - Are the Bulls Out of Steam?

BITSTAMP:BTCUSD   Bitcoin
After massive bullish exuberance, it seems like two daily candles are going be closing inside the downtrend channel. The price is at an interesting spot, between 21 Daily EMA and 21 Daily MA. I think a break below the 21 Daily EMA could lead to a larger downwards action in price.

Smart Crypto Association [ SCA ]
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.