Hi friends, welcome to BTC one day chart from last few days price is moving in a range from 7500 to 7770 and finally it breks the 20 ema in red and holding the same but facing resistance at green line as rejects the same two times. macd and occilator still giving buulish sign but if we see 20 EMA showing a down direction which is not a good sign for market, price will take movement only after it cross that green line acting as resistance after that we can see price towards 8000 after that 8400 where price will face resistance at 50 SMA in yellow.
This is for information purpose only not for any trade idea.
This is for information purpose only not for any trade idea.