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PolarHusk
Aug 19, 2021 5:09 PM

BTC/USD (Daily EMAs Support) 

Bitcoin / U.S. dollarBitstamp

Description

💎Technical Analysis Summary💎


BTC/USD

-Bitcoin may have found support in the previous areas of interest
-The 44k dollar zone is a confluence of these two EMAs
-If the price can hold this level for the next 24hrs-48hrs
-I think we can say BTC is ready to consolidate again
-The next step is potentially to retest the recent top at 48k dollars
-Tough day for the altcoin during Bitcoin's pullback
-BTC daily structure is still safe so I think Altcoins can recover fast
-Good luck everyone on your trades!





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Comments
Helical_Trades
Very good!
MMBTtrader
another great job over here
jazerbay
I agree with theses support levels, nice call-
caldooninvestment
👏👏👏
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