danborovik

Bitcoin looks like it may break down if 55 EMA can't hold

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC will most likely retest the bottom of the triangle once again if the 55 EMA fails to hold up the price on the daily. Another retest could be the final push to get another leg down and touch the 200 EMA. We are slowly approaching the triangles apex.
Looking at a 9500 retest if 55 EMA breaks.
Looking at 8500 range if the triangle breaks downward.

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