If we break 6.8k, we go down 5k - 5.5k because we have ema 200 in this zone.
Rsi is entering danger zone.
Also the move down can be bigger, drawing a potential W (inverted charted) that is bearish (so bullish on a normal scale).
Don't forget it can also go up, flip a coin.
Rsi is entering danger zone.
Also the move down can be bigger, drawing a potential W (inverted charted) that is bearish (so bullish on a normal scale).
Don't forget it can also go up, flip a coin.
Note
We can see ema 100 (on monthly) at 2800. Why I expect ema 100 to act as a magnet is because when a new ema appear on a TF, btc prices is attracted by it
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.
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.