Hi everyone
Bitcoin right now moving in range area(blue box) again. both up & down moving possible
based on my condition on the chart.
on daily chart Rate of change tends to positive side and we have 200 ema below us.
those are good sign for bulls. but the price must cross 50 ema on 4H chart to gain strength
to push the price up. so we may see another temp upward move before the bears gain full control
Enjoy the market
Bitcoin right now moving in range area(blue box) again. both up & down moving possible
based on my condition on the chart.
on daily chart Rate of change tends to positive side and we have 200 ema below us.
those are good sign for bulls. but the price must cross 50 ema on 4H chart to gain strength
to push the price up. so we may see another temp upward move before the bears gain full control
Enjoy the market
Comment:
breaking up of the box and the result
enjoy it (:
Comment:
seems Bitcoin doesn't have strength enough to hold the price upon my yellow
trend line
trend line
