Get started
donya_crypto

BTC: battling EMA20

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
donya_crypto  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC BTCUSDT
23
15
trendanalysis chartpattern indicator btcusd btc btcusdt
I believe that there is not enough power to overcome EMA20 yet. Stochastic is bearish and the current candle looks like a doji. Even if BTC conquers EMA20, it hits the strong resistance. Either way, I think it will move down to the lower edge of the triangle.
Please hit LIKE if you find this idea useful:)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.