Bitcoin Still Trading Above EMA300, What Happens Next?
with EMA300 marked:
Feel free to hit like, if you want to now, and let's continue with this short analysis:
- We have a as consolidation and continuation pattern, this pattern can easily lead to a breakout to the upside.
- We are clearly looking at decreasing trading but still not low enough. There can be additional sideways consolidation/action.
- The is showing potential, with the histogram now going in favor of the bears.
- The remains strong and showing a solid uptrend, quite .
- I say we have quite a few mixed signals here, and Bitcoin remains as long as it remains trading above EMA10.
What's your take on what Bitcoin will do next?
Please share your view in the comments section below.
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Thanks a lot for reading.