emstar422

emstar422 87 views ・

Bitcoin seems to be in a bit of danger zone. Looking for a dip to the 6800-7100$ mark based on the long term and short term trendlines. Notice how it keeps getting rejected by the daily EMA's. If it breaks 8800$ today look for a downward move passed 8300$. One thing to keep in mind here is how close the 20/50/200 EMA daily's are. If the 50 day breaks the 200 day...

emstar422 102 views ・

Based on the long term trend-line, Fib retraces, resistance levels, momentum, RSI levels and volume, BTC looks as though it will be trading sideways but at a very volatile rate. Scalpers have a good opportunity here to make some profits until we break 14k. Once 12k is broken look for resistance at 14k with a retest of the 12k neckline from the inverse head and...