kjrthi

BTCUSDT - Short? Long?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Let me tell you this guys. If BTC gonna drop today there's a very strong support which is EMA100 (8850). It has clearly bounced from that zone. It is not very easy for the bears to take control below 8850 coz it is that strong. having said that it is respecting it's trend line . So if today's candle closes above the EMA50(9208) it will surely reach around 9350 - 9400 in no time. If it closes below then I'm sure the bears will drive it to the support(8850) and Alts get Rekt.
Cheers!!!

Comments

Short tome
+1 Reply
georgio777 georgio777
+1 Reply
kjrthi georgio777
@georgio777, Yes mate. Short term analysis.! you have any questions?
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