skd1
Long

Breakout or another fakeout?

KRAKEN:XBTUSDT   XBT / USDT
209 views
3
Bitcoin managed to do a nice push to the upside above both 20-day EMA and the daily EMA Ribbon which is a very important moment. Also, it is holding its ground to the lower support line of the bigger rising channel than heading to the downside within the smaller falling channel formed since June 2020. Could it test at least 9.8K resistance? If all that is not some misleading move again, I think there are good chances for further uprise until the important support around 9250 is holding which we should watch. The indicators give a good space for Bitcoin to roll. Good luck everyone!

Comments

Another great chart! thanks for your time! 🚀🦐
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out