thecryer

BTC What's next ? 1D Timeframe

Long
thecryer Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
All is in the graph. SImple and without indicators.

In the past BTC got rejected many times at some determinantes prices (10k, 8.5k , 7.5k , 6.5k.. ) to follow his bearish trend.
Strongly Rejected by EMA200, EMA100 and EMA50 multiple times (Started in August) .
Today we clearly broke EMA50 and got a nice buying volume.
Next Step should be to broke EMA100 around 4200ish. (but not really important to my eyes )
A real Bullish confirmation should be to broke EMA 200 + Bearish Trend around 5000ish.

Sentiment is turning bullish for many peoples. but EMA's give u a lot of informations and should be followed closely to wait a real confirmation.

Happy Tr4Ding & Stay Safu!
Comment:
after the small dip from retesting EMA100 (Orange Line), now we can notice that we are up on EMA50 (Green Line). Before BTC was always under 50EMA, so it can be a good sign.
waiting for EMA100 retest soon and maybe a break. if we pass under EMA50 it's bad and we could go around 2500ish.

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