XavierWZ

XavierWZ Updated 

Chart showing the various points at which BTC touched, but never breached, 200 EMA on the daily. Will this be the 1st time? If it continues to trade below 200 EMA, will have to entertain the possibility that this might the start of a further downtrend.

XavierWZ

BTC fails to follow uptrend line to make a higher low and test resistance at 12K. If it breaks through the support below at 10,350 a fall to the next support at 9,900 can be expected.