BitcoinUpdated BTC Update: Testing 200 EMA Resistance
BTC Bulls shown good upside momentum towards EMA(200)Technicals:
________
Bulls need to decide tomorrow whether MACD crossover would occur or they will get rejected by EMA(200) and RSI (50)
Our key level is at previous 9.3k level double top neckline[Break Above / Close Above for getting back to bullishness] which will now act as potential neckline for inverse H&S reversal.
Note
Bulls got rejected by EMA(200), forming bearish 3 candlesticks pattern on daily chart
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.
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.