Crypto_Burger

The Battle Of 9400 and 21 EMA (1HR Chart)

KRAKEN:BTCUSD   Bitcoin
I tried to make it as clear as possible on the chart, but here's the thing... right now horizontal levels are aligning very well with moving averages on the hourly chart, and for the last 4 days we've been holding support off the 21 EMA in the same timeframe. Bulls have to break and claim the 9400 level, bears have to break the 21 EMA (currently around 9.3k) for us to expect continuation to the south.




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