Now Btc has to choose its path
Either break the downtrend line and goes for a bull ride to +20000
OR Breaks the 50MA "Orange line"... Breaking that line will force us to 100MA which I believe it will be the last point and we can't go further more down.
We will know very soon
Either break the downtrend line and goes for a bull ride to +20000
OR Breaks the 50MA "Orange line"... Breaking that line will force us to 100MA which I believe it will be the last point and we can't go further more down.
We will know very soon
Note
Trying to break downtrend line NOWNote
Already broken We need confirmation by staying above it at 4h chart
Anyway, Don't forget to put Stop-Loss at all of Altcoins
Note
The Major resistance of Bitcoin now in 16500 IF BTC break this level we will see bloood Market
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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.