BTC has dropped under the 100 Daily-EMA, and is now heading toward 200 Daily-EMA.
We might see a bounce or even a reversal around 10K$ as it is both local support and where price action may encounter the 200 Daily-EMA.
If 10k$ support is lost and the price action goes below the 200 Daily EMA we might see the price going further down toward 9k$ or even 7.5k$.
Price to keep an on Support and 200 EMA : 10 000$
We might see a bounce or even a reversal around 10K$ as it is both local support and where price action may encounter the 200 Daily-EMA.
If 10k$ support is lost and the price action goes below the 200 Daily EMA we might see the price going further down toward 9k$ or even 7.5k$.
Price to keep an on Support and 200 EMA : 10 000$
Buy high, sell low
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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.
Buy high, sell low
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.