The 9k frontier:Tangle up in Bull.
Updated
Hi buddies,
Bitcoin is witnessing a war between bulls and bears in the 9k frontier. Looking at the 4 hours chart, after sessions of depression btc jumped from that war-zone called 9k to the MA-10 (in red), located at around 9.2k. It looks as though the bears sold a good deal of the world largest crypto-currency, the bulls defended the 9k frontier pretty well. Furthermore, the bulls next target is the MA-50 (in yellow), located at another war-zone called the 9.45k borderline. It wouldn't be too out of context to think that the bulls may succeed pushing the price up there, since we see that they are fighting bravely in the current session to break-out the resistance and establish the MA-100 (in blue) as support. But we have to wait. This is a war. Lol (peace bros)
Bulls wish that Paton would showed up...
Maybe the big drop we saw was more a correction than a fatal shot. Maybe I'm too stoned, but I'm heading for another one. Tangle up in Bull.
Peace
Bitcoin is witnessing a war between bulls and bears in the 9k frontier. Looking at the 4 hours chart, after sessions of depression btc jumped from that war-zone called 9k to the MA-10 (in red), located at around 9.2k. It looks as though the bears sold a good deal of the world largest crypto-currency, the bulls defended the 9k frontier pretty well. Furthermore, the bulls next target is the MA-50 (in yellow), located at another war-zone called the 9.45k borderline. It wouldn't be too out of context to think that the bulls may succeed pushing the price up there, since we see that they are fighting bravely in the current session to break-out the resistance and establish the MA-100 (in blue) as support. But we have to wait. This is a war. Lol (peace bros)
Bulls wish that Paton would showed up...
Maybe the big drop we saw was more a correction than a fatal shot. Maybe I'm too stoned, but I'm heading for another one. Tangle up in Bull.
Peace
Note
Is the MA-100 that hard for these tired bulls? It looks so...
Related publications
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.