BTC / USDT
After nice bounce last few days BTC start to react to dynamic resistance again
Since 12may ... Bitcoin couldn't hold above 200 EMA on 4h TF ..this is clear resistance
Whats Next ?
BTC currently is re-testing the trendline support (red color) we hope it holds
if this support hold we can push up again to resistance zones
if failed to bounce we can test lower supports in my chart (yellow one around 33K and green one around 30K )
📣WEEKLY CHART
On weekly TF nothing changed bulls still defend the 50W EMA for 7 weeks on row
the weekly view still clear bullish (i will update every week if any thing new happened)
Dont forget likes and follow for more ideas and analysis , best of wishes
After nice bounce last few days BTC start to react to dynamic resistance again
Since 12may ... Bitcoin couldn't hold above 200 EMA on 4h TF ..this is clear resistance
Whats Next ?
BTC currently is re-testing the trendline support (red color) we hope it holds
if this support hold we can push up again to resistance zones
if failed to bounce we can test lower supports in my chart (yellow one around 33K and green one around 30K )
📣WEEKLY CHART
On weekly TF nothing changed bulls still defend the 50W EMA for 7 weeks on row
the weekly view still clear bullish (i will update every week if any thing new happened)
Dont forget likes and follow for more ideas and analysis , best of wishes
