BTC has been within a weekly range, and has been rejected every time it attempted to breach the 20W EMA. Yet, the bottom remained a support every time it got tested. One direction has to give.
Technically, BTC remains bearish across all time frames, but on the 1H chart it is showing strength as it has bounced off the 50EMA and held it upwards from there. If it breaks the 1H 50EMA, this trade gets invalidated.
Technically, BTC remains bearish across all time frames, but on the 1H chart it is showing strength as it has bounced off the 50EMA and held it upwards from there. If it breaks the 1H 50EMA, this trade gets invalidated.
Unless you figure a way to make money while you sleep, you’ll work till you die.