BITCOIN (#BTC): Daily Update
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Today, We saw huge dropdown occured by bearish Rising Wedge pattern. BTC dropped down, below EMA21 and EMA50 again. It can be seen that these two trend lines are a strong opponents for BTC. We saw some false attempts to break EMAs trend lines, but the true breakthrough still did not happen.
Today's goal is to close above $7550, above EMA trend lines. Then targets at 8K and 9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
Today's goal is to close above $7550, above EMA trend lines. Then targets at 8K and 9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
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