TradingView
BCryptological
Oct 21, 2019 10:23 AM

Some key levels to consider 

BINANCE:BTCUSDT1D
Bitcoin / TetherUSBinance

Description

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BTC continues to be restrained by three Moving Averages:

  • The Daily 200 MA
  • The Daily 21 EMA
  • The Weekly 100 MA

With a clear decline in volume, we can see that a decisive move is imminent in the coming week. But are we going back up to $10,000, or down to $6000?

Here is the link for the free 50,100,200 Daily AND Weekly Moving Average indicator & also the 21 EMA, offering key areas of potential strong support & resistance - make sure to switch on and off to your preference.

Also save crucial space on your Trading View chart by utilising the free RSI and StochRSI indicator which overlays both in a clear and helpful fashion.

Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.

Comment

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Weekly 100 MA support has broken!
Trend AnalysisSupport and ResistanceMoving AveragesBTCBTCUSD
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