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Faibik
Apr 3, 2020 6:09 AM

BITCOIN | Ascending Channel & EMA100 Resistance..!! Education

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

BTC/USD (Update)


Bitcoin Has been Moving Inside the Ascending Channel & Facing EMA100 In 8h Chart.


Now There Are Two Possible Scenarios!!

1- If Bulls Lost the MA50 & Channel Broken down, then It Might Crash Hard towards 4.8k Support.

2- if Bulls Clear the EMA100, then It Might Test 8k Area. (Major Resistance)





Please like the idea for Support & subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!

Comments
xozamanii
BItcoin has been one of the greatest despise we’ve got as a means monitoring the stock exchange .. hopefully soon it’s gets high and I keep my investments going through... Thanks 👍
Faibik
@xozamanii, Agreed With Your Thought
Faibik
@xozamanii, BTW Thanks for Adding Your Opinion here
RocketBomb
@xozamanii, I wanna now your tinks about my work
Miladfarnoosh
Now bit will be get up or down ?
Faibik
@Miladfarnoosh, waiting for more confirmations
PolarHusk
nice analysis on this rising channel, keep it up bro...
Faibik
@PolarHusk, Thank You
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