BTC: test of EMA 200 as resistance
BTC is testing EMA 200 as resistance. Maybe it reaches 8.2~8.3k level and went back to retest EMA 50 as support.
Scenearios:
1) If BTC surpasses the 8.3k level, the path will be clear to 9.1~9.3k;
2) If BTC suffer a correction, the targets are 7.5k, 7k and 6.5~6.6k levels.
Scenearios:
1) If BTC surpasses the 8.3k level, the path will be clear to 9.1~9.3k;
2) If BTC suffer a correction, the targets are 7.5k, 7k and 6.5~6.6k levels.
Related publications
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.