Bitcoin Dump , was that all ????
seeing the todays price action BTC was asking for a good retrace on many timeframes and with the bearish div on 4 hour chart it started all , though the bulls were loosing momentum the finex whale was forcing to close short position , well being said that here is an quick update
if btc has just touched the channel support on daily chart , being said that if btc manages to get the daily close above 21 ema (orange line) , ill be bullish for short term and we can move to our next targets for 7700-7800 , the daily ma200 ,
for now we can move sideways for a day or two before a big move
if btc has just touched the channel support on daily chart , being said that if btc manages to get the daily close above 21 ema (orange line) , ill be bullish for short term and we can move to our next targets for 7700-7800 , the daily ma200 ,
for now we can move sideways for a day or two before a big move
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.