BITCOIN (#BTC): Daily Update
Updated
Today, We saw huge dropdown occured by bearish Rising Wedge pattern. BTC dropped down, below EMA21 and EMA50 again. It can be seen that these two trend lines are a strong opponents for BTC. We saw some false attempts to break EMAs trend lines, but the true breakthrough still did not happen.
Today's goal is to close above $7550, above EMA trend lines. Then targets at 8K and 9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
Today's goal is to close above $7550, above EMA trend lines. Then targets at 8K and 9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
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