Bitcoin bull market at key make or break point today
If in the next 24 hours the daily candle closes and daily 21 EMA stays crossed below the 55 daily EMA, this has signaled a bull trap and serious down move in the past.
Bitcoin bounced at the daily 128MA support band today as well as weekly 21 EMA and 20 MA. It needs to hold these levels.
LEGEND:
Green line is daily 21 EMA
Blue line is daily 55 EMA
Purple line is daily 128 MA
Bitcoin bounced at the daily 128MA support band today as well as weekly 21 EMA and 20 MA. It needs to hold these levels.
LEGEND:
Green line is daily 21 EMA
Blue line is daily 55 EMA
Purple line is daily 128 MA
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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.