BTC - The Moment Of Truth

Güncellendi
Dear Traders,

It has been a hell of a ride, or should I say a hell of a retracement?
October will be the month where we shall see BTC do an important move for this year in my opinion.
Everything you need is on my TA, I will link a Monthly TA for BTC as well, showing you what might happen If we get a breakout downwards.
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Here is what we could expect to see if the Bulls don't manage to break out. This Chart you are about to see is the monthly chart of BTC.

BTC - Looking at the bigger picture, time to meet with the 55ema
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BTC tried to breakout but it might have been a fake one. Look out people, this market is more manipulated than you think ! C'mon Bulls ! Make it happen !
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BTC dropped under my red dotted line, and the bulls are now fighting on the 200 ema on the 4hr chart. If this 200 ema falls, we will go down towards our red line which will be our last resistance line before more retracement occurs.

It's safe to say that if that 200 ema doesn't hold, that a short position on BTC will give you gains. do be careful as this market is so volatile and so manipulated. don't stay in for too long

anlık görüntü
Bitcoin (Cryptocurrency)BTCBTCUSDcryptoCryptocurrencyLONGshortTrend Analysis

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