🅱️ Bitcoin Short-Term Update
👉 Higher timeframes:
➖ Bitcoin daily closed above EMA10 and looking good.
➖ Bitcoin weekly trading above EMA200
👉 Short-term update:
➖ Failed breakout is a bullish signal. Can also be called bear-trade, stop-loss hunt, etc.
➖ Trading above EMA50 = bullish.
➖ RSI & MACD bullish.
➖ Major support level holding since 17-Aug. flash rash.
👉 Conclusion:
➖ Short-term bullish bias remains strong/valid/active above the support level marked on the chart.
➖ Recent price action favors the bulls.
👉 Prediction:
➖ Bullish action to speed up after mid-September;
➖ Maximum speed late month.
Namaste.
➖ Bitcoin daily closed above EMA10 and looking good.
➖ Bitcoin weekly trading above EMA200
👉 Short-term update:
➖ Failed breakout is a bullish signal. Can also be called bear-trade, stop-loss hunt, etc.
➖ Trading above EMA50 = bullish.
➖ RSI & MACD bullish.
➖ Major support level holding since 17-Aug. flash rash.
👉 Conclusion:
➖ Short-term bullish bias remains strong/valid/active above the support level marked on the chart.
➖ Recent price action favors the bulls.
👉 Prediction:
➖ Bullish action to speed up after mid-September;
➖ Maximum speed late month.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
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🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
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