BitcoinShort
BTCUSD - Price bounce off EMA 200 but I think it will test again
Updated
As you can see the price just hit the EMA 200 and was bounced off of it, Bulls are exhausted so I think it is only a matter of time before it is able to cross the EMA 200 and as you can see the bullish trend is already broken on 18th of April, now if you check the monthly chart, Evening Doji Star has formed and just waiting for this month to close to confirm.
I think BTCUSD is gonna go to 30k in the next few months it might bounced up to 55k but only temporarily before it tests the 42-40k demand area
This is my first published idea, please give me feedback and tell me what you think.
I think BTCUSD is gonna go to 30k in the next few months it might bounced up to 55k but only temporarily before it tests the 42-40k demand area
This is my first published idea, please give me feedback and tell me what you think.
Note
The price is under the SMA 200 now daily, it closed under it and couldn't recover, I think the price now is gonna go sideways until it goes to 30k again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.