so i discovered a kind of new trend, and this trend could be a 'possible one'.
- Now BTC is flirting with the daily 200EMA (Red one) and for now, this acted as a good support around 10 000$.
- i used only as indicator, simple as possible , we can see that we are almost in the Oversold zone on 1D TF.
- if we keep bouncing on this , it would mean that 10K area act as now and BTC could push to 14k according to Fibo Extension.
if we break under 9700 ( EMA200 Red ) we can get one more BloodBath, so i had to Jump on Weekly EMAs to check it out and find next supports.
- 9000$ EMA50
- 8200$ EMA100
- 6500$ EMA200
Anyone have a crystal ball and for now most of peoples are still scare according to March's Dip , So for now it's better to be patient and wait for some confirmations!
Happy Tr4Ding !
1 Gap was mostly filled but we still have some small gaps lower.