IS BITCOINS CORRECTION OVER?
Bitcoin is experiencing a correction but please guys do not panic, it is just revisiting the 21 Day EMA for the 6th time if you count the red circle.Bitcoin has held this level for 3 months!If bitcoin can hold this line I expect a swift recovery if not more downside will come.I am comfortable longing at this level with a stop loss at around 29.5k.Very simple analysis.Please leave a like and follow if you want more easy and simple technical analysis.
Trade closed manually
I am closing my long.
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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.