BIT is ready for the next upwards move!
Hey guys, a small and easy update on BIT. The primary trend was till beginning of januari downwards. After that we saw a great rally. So whats next?
- The price is moving above the 200 EMA. That could act as support.
- After weeks we finally broke the 0,60 resistance.
- We could see higher levels when we break 0,65.
- Volume is decreasing what indicates for a big move in the upcoming weeks.
Do you like my update? Give me a like and follow me to be updated!
Happy trading!
- The price is moving above the 200 EMA. That could act as support.
- After weeks we finally broke the 0,60 resistance.
- We could see higher levels when we break 0,65.
- Volume is decreasing what indicates for a big move in the upcoming weeks.
Do you like my update? Give me a like and follow me to be updated!
Happy trading!
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