I'm uncertain about next move on BTC. On one side we have lower lows compared to the previous cicle and we went below the purple EMA line.
On the other hand it looks like is repeating one of the previous impulse movements that could lead price to 67k area.
Price could be consolidating in this range for a next leg up.
My idea but your money and thus your decision. All the best.
On the other hand it looks like is repeating one of the previous impulse movements that could lead price to 67k area.
Price could be consolidating in this range for a next leg up.
My idea but your money and thus your decision. All the best.
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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.