Bitcoin moved below 20/50/100 EMA. Now moving in downward channel.
Close below 60770 will take it to 57,000 & below it 50,000.
Close below 60770 will take it to 57,000 & below it 50,000.
Trade active
Target1: 57,000 Achieved. Any candle close out of the channel will take to 50,000.Trade closed: target reached
Target achieved with low 49,500. Further target could be 42,000 as well in future.
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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.