Behold: THE GOLDEN CROSSOVER
This is the update of the previous analysis on BTC.
Expected BTC to pull back which it did, but bounced higher from 43800 and now growing back up after the binance maintenance to 46800 resistance which was tested twice already.
Remember - the more time resistance is tested the weaker it becomes.
So don't short BTC on uptrend 😉 and here is the most awaited GOLDEN CROSSOVER, in the chart we can see the 50-Day EMA has touched the 200-Day EMA that will probably cross by tomorrow. Next, levels to watch are
48K->50k->51k.
If somehow that breakout attempt end up with rejection, pullback target zone stays the same 43k->42k.
Here's the Previous Analysis :-
Expected BTC to pull back which it did, but bounced higher from 43800 and now growing back up after the binance maintenance to 46800 resistance which was tested twice already.
Remember - the more time resistance is tested the weaker it becomes.
So don't short BTC on uptrend 😉 and here is the most awaited GOLDEN CROSSOVER, in the chart we can see the 50-Day EMA has touched the 200-Day EMA that will probably cross by tomorrow. Next, levels to watch are
48K->50k->51k.If somehow that breakout attempt end up with rejection, pullback target zone stays the same 43k->42k.
Here's the Previous Analysis :-
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.