BTC Weekly TF Analysis Update
Upddate 09/08/2020 Analysis
"BTC should bounce at this level ( wicked out ) . This happened BTC manage to bounced at 20 WK EMA. now its again trading on rarely traded price.
To maintain is bullish outlook. Closing below this level will cause shake out.
And might turn a bearish sentiments. Still manage to go above 10k and touched 11K
Update
Key Support Area ( 9990 - 9700 and 9000- 8800) Lets wiat if this key support level will be tested on the new few days
RSI should and must hold above 50.
Critical indicator of bull run if we stay above 50. Closed above 50.
If a bullrun soon to happened BTC should maintain trading on this range 10100-11000 range.
It will trade sideways on this level until 11200-11600 range.
"BTC should bounce at this level ( wicked out ) . This happened BTC manage to bounced at 20 WK EMA. now its again trading on rarely traded price.
To maintain is bullish outlook. Closing below this level will cause shake out.
And might turn a bearish sentiments. Still manage to go above 10k and touched 11K
Update
Key Support Area ( 9990 - 9700 and 9000- 8800) Lets wiat if this key support level will be tested on the new few days
RSI should and must hold above 50.
Critical indicator of bull run if we stay above 50. Closed above 50.
If a bullrun soon to happened BTC should maintain trading on this range 10100-11000 range.
It will trade sideways on this level until 11200-11600 range.
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.