The BTC/USD chart shows a critical technical setup, with the price testing a descending trendline near the 200-period Moving Average (MA). This convergence indicates a pivotal moment for market direction. A breakout above the trendline and MA could signal bullish momentum, while rejection might lead to a pullback toward support levels. #btcusd #cryptocurrency
Price has reached a crucial moment as it touches the major support trendline (green) after an extended downtrend. The MA200 (blue line) touched price, and this intersection with major support could present an interesting turning point. Watch closely for price action around this level. Potential bounce or breakdown will determine the next directional move. Always...
hmmm... this month consolidation is not over in that range forward to the next month is good signal to surf in a trendline, which they want to try break the resistance which 1.125 is there any discussion? I really excited :) from beginer trader
Brexit still as a fundamental decision of EUR direction. This condition makes traders still wait and see during the deadline. But you know, the spread of this waiting is still in wide area. 1.13 to higher high is profitable for scalping trader. But, in the other side I'm as earlier trader needs for learn to check and recheck for my analysis. So, let give me a...
Breaking for the first strongest support, second for $8000 to $7000. Are you, demander?