Price is breaking the triangle here and ready to move higher
You can buy the retest price also has good trend line support below ready so possible bounce also from this zone too.
or enter retest if you want to play safe
we are currently facing the supply zone and also price holding trend line support if we close below the trend line than we are heading down
if we close above the red zone (supply) than we are going for new 11k
How to trade EMA
timeframe : 4 hour
Chart : MANABTC
price is holding 100 EMA (7 candle holding perfectly)
Good bounce off EMA 100 that's the good sign .. sideway accumulation complete
Bounce is confirmation wait for retest ( we made bounce they are ready to move pump it added many new buyer and than again dump it and after filing order taking it higher )
price break the triangle pattern and yesterday ( US Bank Regulation ) news fueled the price . it's completely against bitcoin ideal . bitcoin itself is a bank no need of any bank to have custody . it's stupidity.
yes bullish here the same cycle of bull run is moving right now and we will complete this cycle soon. and bitcoin will fly
check this chart we are...
bitcoin is very choppy do not trade bitcoin for now and let whales control on own , only liquidation is going on in bitcoin .
Triangle after triangle makes it really confusing
stay out of bitcoin margin trade alts in alts season