BTCUSD - Daily Close to Watch
Bitcoin had a large move to the upside with convincing volume in the morning. However, it was also a move that was part of Elon Musk twitter and the Reddit news, etc.
We were looking at a bear local trend and a potential downside supports before the overnight move up.
If the Daily candle closes under the 21 EMA and well within the descending channel, I think there will be more room for downside, potentially testing
25K and the other supports highlighted in yesterday's post.
Happy Friday, Happy Trading.
We were looking at a bear local trend and a potential downside supports before the overnight move up.
If the Daily candle closes under the 21 EMA and well within the descending channel, I think there will be more room for downside, potentially testing
25K and the other supports highlighted in yesterday's post.Happy Friday, Happy Trading.
Smart Crypto Association [ SCA ]
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Smart Crypto Association [ SCA ]
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.