Bitcoin (BTC): Sellers Secured 100EMA / Possible Re-Test
Bitcoin had a nice fall yesterday, where today we are seeing some kind of recovery after sharp rejection from 100EMA.
We are keeping an eye on that rejection zone where we want to see sellers maintain the dominance at that level.
If we manage to keep the next 48 hours the price below that EMA, we should see another attempt to reach lows here!
Swallow Team
We are keeping an eye on that rejection zone where we want to see sellers maintain the dominance at that level.
If we manage to keep the next 48 hours the price below that EMA, we should see another attempt to reach lows here!
Swallow Team
Note
Bitcoin fooled traders where fakeout had another card in play.
We are now entering again into the zone of fakeout, where price might see some liquidity movement.
Our gameplay still remains the same for now and we wait for the price to fill lower zones here, so we wait to see the price again below 200EMA.
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