hey guys welcome to Bitcoin daily update
here in top chart you see the black line is 21 weekly ema and green line is 200 daily ma
both major levels are almost on similar levels and a retest of this levels is most likely possible.
another major level to keep an eye is 21 daily ema which is the red line
the major level where prices can make a contact between 8600-8650
along with that RSI is also forming a lower low and lower highs formation
sign of negative divergence and lower lows in prices
prices could drop sharply from here and likely support zone will be 8825-8475 the green box
and from there we could see a potential breakout in prices
here's my custom indicator in 1h chart shows that we're now moving in green zone
which is sign of lower levels and retest of support.
alright guys that's all for now, keep supporting and keep encouraging us so we keep continue to make awesome ideas for you
and to join premium contact me on telegram, this is the last day for to subscribe from old rates from 1st Nov premium subscription fee is going to increase by 25% so make sure to join before that.
this is Husain Zabir signing out... thank you
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here in top chart you see the black line is 21 weekly ema and green line is 200 daily ma
both major levels are almost on similar levels and a retest of this levels is most likely possible.
another major level to keep an eye is 21 daily ema which is the red line
the major level where prices can make a contact between 8600-8650
along with that RSI is also forming a lower low and lower highs formation
sign of negative divergence and lower lows in prices
prices could drop sharply from here and likely support zone will be 8825-8475 the green box
and from there we could see a potential breakout in prices
which is sign of lower levels and retest of support.
alright guys that's all for now, keep supporting and keep encouraging us so we keep continue to make awesome ideas for you
and to join premium contact me on telegram, this is the last day for to subscribe from old rates from 1st Nov premium subscription fee is going to increase by 25% so make sure to join before that.
this is Husain Zabir signing out... thank you
Ad DueDEX: The fastest crypto futures trading exchange, up to $110 free trading bonus plus $100 extra on first deposit of 0.2 btc
Join now : http://bit.ly/JoinDueDEXClub
