So far so good....The first signals is that BTC is bottoming. At the current moment when I write this, BTC is trading above the 21EMA (>$10216) but under the 50MA (<$10268).
Today with the weekly close its important that BTC closes above the $9900. Bullish trend will remain. To bring back some stability in the market it would we good if BTC closes today above the >$10268 and from there we go further.
If BTC closes above these levels today or tomorrow we are remaining bullish and till 22th september we could see some new highs. But for now its to soon to talk about that. If we look at the Crash Banger indicators we see that that the red and green approching each other within 24h. This will result in a Buy signal or not. So the next 24h are going to be important.
Hang in there..!!
Today with the weekly close its important that BTC closes above the $9900. Bullish trend will remain. To bring back some stability in the market it would we good if BTC closes today above the >$10268 and from there we go further.
If BTC closes above these levels today or tomorrow we are remaining bullish and till 22th september we could see some new highs. But for now its to soon to talk about that. If we look at the Crash Banger indicators we see that that the red and green approching each other within 24h. This will result in a Buy signal or not. So the next 24h are going to be important.
Hang in there..!!
Comment:
After a rough week of market dump, The indicator fired a buy signal. BTC held, for now, the level of $9800. We still stay cautious