BTC - USD monthly chart
price over extended of MA 20, making a complex pullback to touch base again en MA 20 to keep going with the trend.
EMA 5 (yellow line acting as dynamic resistance, confirmation to keep going with the bullish trend would be price closing above EMA 5 (monthly chart)
waiting for confirmation to place long position
EMA 5 (yellow line acting as dynamic resistance, confirmation to keep going with the bullish trend would be price closing above EMA 5 (monthly chart)
waiting for confirmation to place long position
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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.