Description
⋅ BTC price must bounce off from this point, otherwise there will be repeating price drop (bear market continues).
BTC price movement must avoid big sell off and avoid to drop below EMA 55 days.
Trade closed: target reached
⋅ Great to see BTC bouncing off from this point. BTC/USD will heading higher.
Comment
⋅ EMA 55 days support must hold.
Comment
⋅ Historical Pattern most likely repeating.
On hold to go for SHORT or LONG before either breaking up EMA 55 days or breaking down $ 6,800.
Comment
⋅ Support MA 500 days must hold.
Trade closed: target reached
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